“…Food resources, specifically the mean amount of resources as well as resource variance, affect foraging decisions as suggested by risk‐sensitive foraging theory (reviewed in Bednekoff, ; Kacelnik & Bateson, ; Smallwood, ; Bateson, ). In this context, group formation has traditionally been seen as a risk‐averse mechanism reducing the variance in resource supply (Caraco, ; Caraco, Uetz, Gillespie, & Giraldeau, ; Clark & Mangel, ; Uetz, ; Uetz & Hieber, ; Wenzel & Pickering, ). The simple idea behind these models is that foraging success may vary: individuals may find more resources than what they are able to fully utilize, or alternatively, they may not find any resources at all, which leads to certain death (Figure b).…”