The risky shift phenomenon predicts that groups are happier to live with uncertainty
than are the individuals that comprise the group. This paper reports on the replication
of the Wallach et al. (1962) 12 question, choice dilemma questionnaire which
highlights the risky shift and its implications for construction project risk
management.
History
School
Architecture, Building and Civil Engineering
Citation
GREENE, A., THORPE, T. and AUSTIN, S., 2001. Utilising the risky shift phenomenon in construction project management. IN: Proceedings of Association of Researchers in Construction Management (ARCOM) 17th Annual Conference, 2, University of Salford, 5th September 2001, pp.855-861.