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Acronyms that contain the term groupshift
What does groupshift mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: groupshift.
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What does groupshift mean?
- Groupshift
- Groupshift is a phenomenon in which the initial positions of individual members of a group are exaggerated toward a more extreme position. When people are in groups, they make decisions about risk differently from when they are alone. The decision made tends to be even more risk-averse if the group members' opinions are risk-averse on average, and even more risk-seeking if the group members' opinions are risk seeking on average. In a group, people are likely to exhibit a slight preference towards riskier decisions, as the shared risk makes the individual risk less.
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"groupshift." Abbreviations.com. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.abbreviations.com/groupshift>.
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