Examines how framing and responsibility influence risk in group decisions, suggesting important implications for organizational decision-making.
Considerable research has found that group decisions are either more or less risky as compared to previous decisions made by individual group members. This study proposes and tests two conditions that may influence whether group decisions become more or less risky: (1) the framing of decision alternatives, and (2) the level of responsibility for a prior related decision. The results suggest that both framing and responsibility affect the initial risk-taking of individuals in a predictable manner, and that subsequent group decisions will enhance this risk-taking. Implications for decision making in organizations are discussed.
No takes yet. Share an insight, caveat, or question.
Rutledge et al. (1994) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: