Abstract
The risky shift paradigm was taken into a real-world stiuation, i.e., the classroom. Thirty-five students were asked to decide what type of evaluation system they would prefer for grading purposes in their course. It was found that the individual-to-group decision produced a significant wary rather than a risky shift. The authors suggest that the real-world situation involving real risk may have been responsible for the wary shift. Further comments recommend caution in the confidence with which one might generalize risky-shift findings to the real world.
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The authors would like to extend their gratitude to David Clement for his aid in the preparation of a previous draft of this article, and for sponsoring this paper, for which he takes full editorial responsibility.
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Cohen, S.L., Ruis, C.B. Wary shift or risky shift?. Bull. Psychon. Soc. 3, 214–216 (1974). https://doi.org/10.3758/BF03333449
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DOI: https://doi.org/10.3758/BF03333449