Utilising the risky shift phenomenon in construction project management
conference contributionposted on 12.08.2009, 15:40 authored by Adam Greene, Tony Thorpe, Simon Austin
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.
- Architecture, Building and Civil Engineering