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Group shift to caution at the race track
Authors:Clark McCauley  Christopher L Stitt  Kathryn Woods  Diana Lipton
Institution:Bryn Mawr College USA
Abstract:Group and individual riskiness were compared on $2 “win” best at the race track. Using the standard pretest-posttest risk-shift design, group discussion to unanimous decision was found to produce a cautious shift in group bets.
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