Observing others' behavior and risk taking in decisions from experience
This paper examines how observing other people's behavior affects risk taking in repeated decision tasks. In Study 1, 100 participants performed experience-based decision tasks either alone or in pairs, with the two members being exposed to each others' choices and outcomes. The tasks invo...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Society for Judgment and Decision Making
2008-10-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | http://journal.sjdm.org/8530/jdm8530.pdf |