1972
DOI: 10.1002/ejsp.2420020410
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Factors limiting the generality of the risky‐shift phenomenon

Abstract: While a considerable amount of research has centered on explaining the risky shift (enhancement of risk acceptance through group discussion; see, for example, Dion, Baron, and Miller, 1970), few studies have investigated the generality of the phenomenon. Three of several ways in which the laboratory context is usually lacking of reality are: (a) The decision consequences are imaginary, as in the 'Choice-Dilemma' situations used in most of the risky-shift research; ib) the decision consequences -even if they ar… Show more

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Cited by 11 publications
(3 citation statements)
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“…When the expected value of the bet is held at zero, then the direction of the shift may be seen to vary with other parameters in accord with the affect of these parameters on pregroup betting tendencies. Using a procedure adapted from Pruitt and Teger (1969), Zaleska (1974Zaleska ( , 1976 and Lamm and Ochsmann (1972) we observed that group risk taking exceeded that by individuals only when the stake (potential loss) was small. Zaleska found that it is in precisely this condition that individual pregroup inclinations also tend to be quite risky.…”
Section: Risk Takingmentioning
confidence: 98%
“…When the expected value of the bet is held at zero, then the direction of the shift may be seen to vary with other parameters in accord with the affect of these parameters on pregroup betting tendencies. Using a procedure adapted from Pruitt and Teger (1969), Zaleska (1974Zaleska ( , 1976 and Lamm and Ochsmann (1972) we observed that group risk taking exceeded that by individuals only when the stake (potential loss) was small. Zaleska found that it is in precisely this condition that individual pregroup inclinations also tend to be quite risky.…”
Section: Risk Takingmentioning
confidence: 98%
“…In the instructions it was specified that only one of the six bets, chosen at random, would be actually played off for a monetary price after the booklet had been filled in. This was done in order to reduce the possibility of the Ss striving for a balanced set of choices, rather than treating each bet independently, a procedure that was also followed by Pruitt and Teger (1969) and Zaleska and Kogan (1971).…”
Section: Instrumentmentioning
confidence: 99%
“…In some experimental studies on the other hand Ss have to take risk for themselves. They are able to increase or decrease their own outcomes by gambling successfully or unsuccessfully (e.g., Lamm and Ochsmann, 1972;Pruitt and Teger, 1969;Zajonc et at., 1969). The experimental procedure in both groups of experiments is the same.…”
Section: Introductionmentioning
confidence: 99%