What Is Risky-Shift? How and Why Does It Occur and to Whom

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Examlex · Accepted Answer

The Answer is Risky-shift is a phenomenon in which a group decision is riskier than the average decision made by individual group members. This occurs when individuals in a group discussion collectively decide to take a riskier course of action than they would have individually.

Risky-shift occurs due to a variety of factors. One reason is the diffusion of responsibility within a group, where individuals feel less accountable for the outcome of a decision. Additionally, group polarization can occur, where group members become more extreme in their views as they seek social approval from the group. This can lead to a heightened willingness to take risks in order to conform to the group's perceived norms.

Risky-shift can occur in any group setting, including in the workplace, social circles, or even in online communities. It is not limited to a specific demographic and can affect anyone who is part of a group decision-making process.

To mitigate the occurrence of risky-shift, it is important for group leaders to encourage open and honest communication, provide a platform for individual opinions to be heard, and promote critical thinking and analysis of potential risks and benefits. Additionally, creating a culture of accountability within the group can help prevent the tendency towards riskier decisions.

What Is Risky-Shift? How and Why Does It Occur and to Whom

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