Yechiam, Eldad; Druyan, Meir; Ert, Eyal - In: Judgment and Decision Making 3 (2008) 7, pp. 493-500
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 involved...