Publications [#254320] of Michael A. Wallach

Journal Articles

1. Wallach, MA; Wing, CW (1968). Is risk a value?. Journal of Personality and Social Psychology, 9(1), 101-106. [doi]
   (last updated on 2020/03/18)

   Abstract:
   PROVIDES EVIDENCE SUPPORTING AN INTERPRETATION OF THE GROUP-INDUCED RISKY-SHIFT PHENOMENON IN WHICH RISK REPRESENTS MORE OF A CULTURAL VALUE THAN DOES CONSERVATISM, SO THAT PEOPLE BELIEVE THEMSELVES TO BE GREATER RISK TAKERS THAN THEIR PEERS. THE DISCUSSION PROCESS PROVIDES INFORMATION ABOUT THE RISK-TAKING VIEWS OF OTHERS, INDUCING UPWARD REVISIONS IN ESTIMATES OF HOW HIGH A RISK LEVEL IS ACCEPTABLE TO EXPRESS ONE'S VALUE FOR RISK. IT REMAINED TO BE ESTABLISHED THAT PERSONS MAKE A STRONG AND PERVASIVE ERROR TOWARD BELIEVING THEMSELVES TO BE GREATER RISK TAKERS THAN THEIR PEERS. THE EXISTENCE OF A SYSTEMATIC ERROR OF THIS KIND IS DEMONSTRATED TO HOLD WITH A VERY HIGH DEGREE OF STATISTICAL SIGNIFICANCE FOR THE 292 MALES AND 195 FEMALES IN THIS STUDY. (19 REF.) (PsycINFO Database Record (c) 2006 APA, all rights reserved). © 1968 American Psychological Association.