Risk-as-value hypothesis: The relationship between perception of self, others, and the risky shift.
- 1 December 1971
- journal article
- Published by American Psychological Association (APA) in Journal of Personality and Social Psychology
- Vol. 20 (3) , 425-429
- https://doi.org/10.1037/h0031933
Abstract
Conducted 2 experiments with male undergraduates (n = 187) to determine whether the risky-shift phenomenon is mediated by the cultural value of risk and by the knowledge of the specific preferences of others. As the risk-as-value hypothesis predicts, a significant risky shift was found only for ss who perceived themselves to be at least as risky as their peers. However, a significant risky shift occurred even in discussion groups when ss could not reveal their preferred risk levels. Implication for the risk-as-value hypothesis is discussed. (PsycINFO Database Record (c) 2016 APA, all rights reserved)Keywords
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