Risk-taking in social settings: Group and peer effects☆
•We examine the role of consultation and group decision making on risk-taking.•We replicate previous experiments showing higher risk-taking in groups relative to isolated individuals.•We find peer effects in consultative groups: the decisions of individuals who consult with one another are correlate...
| Main Authors: | , , |
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| Format: | Online |
| Language: | English |
| Published: |
North-Holland Pub. Co
2013
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| Online Access: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4047601/ |