Munich Personal RePEc Archive

Individual and Group Behaviour Toward Risk: A Short Survey

Temerario, Tiziana (2014): Individual and Group Behaviour Toward Risk: A Short Survey.

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Abstract

In the real life groups, rather than individuals, take the most part of decisions. So that it is useful to study how groups take a decision in different strategic environments. This paper provides an overview of previous research about groups’ preferences over risk. I compare different experimental designs and examine their different results, focusing on how groups reach agreement in risky choices, compared with individuals.

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