Do differences in performance have an impact on the appetite for risk-taking in decision-makers? Economists have addressed this question. The result of their study is that people’s willingness to take risks increases as soon as they get a lower return than other people with whom they compare themselves. At the same time, decision-makers take lower risks if they get a higher return than their peers.
from https://www.sciencedaily.com/releases/2019/07/190708140102.htm
from
https://healthnews010.tumblr.com/post/186157472498
from https://johnher1.blogspot.com/2019/07/social-context-influences-decision.html
from
https://johnher10.tumblr.com/post/186157652987
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