Question: See if you can demonstrate the risky shift. Get a group of friends together and ask each to privately rate the likelihood on a scale

See if you can demonstrate the risky shift. Get a group of friends together and ask each to privately rate the likelihood on a scale from one to seven that they would try a controversial new product (e.g. a credit card that works with a chip implanted in a person’s wrist). Then ask the group to discuss the product and then rate the idea again. If the average rating changes from the first, you’ve just observed a risky shift.

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The risky shift phenomenon also known as the risky shift effect or group polarization suggests that ... View full answer

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