Propagation of Individual Bias through Group Judgment: Error in the Treatment of Asymmetrically Informative Signals

Journal of Risk and Uncertainty - Group decision making is commonly used in juries, businesses, and in politics to increase the informational basis for a decision and to improve judgment accuracy....     

The Well-Being of Divorced Fathers: A Review and Suggestions for Future Research

Since 1962, the divorce rate in the United States has continued to escalate and its negative effects are experienced by parents and children alike. This review reports the number and topics of peer-reviewed publications in the psychology literature since 1900 that focused on divorced fathers' well-being. Results indicate that divorced fathers' well-being is overwhelmingly neglected in the published literature, and that very few values of applied and participatory research were included within the studies reviewed. Evidence suggests that continued and increased primary research attention to divorced fathers' well-being is not only plausible, but also relevant and necessary.     

Cross-Cultural Differences in Risk Perception: A Model-Based Approach

The present study assessed cross-cultural differences in the perception of financial risks. Students at large universities in Hong Kong, Taiwan, the Netherlands, and the U.S., as well as a group of Taiwanese security analysts rated the riskiness of a set of monetary lotteries. Risk judgments differed with nationality, but not with occupation (students vs. security analysts) and were modeled by the Conjoint Expected Risk (CER) model.⁽¹⁾ Consistent with cultural differences in country uncertainty avoidance,⁽²⁾ CER model parameters of respondents from the two Western countries differed from those of respondents from the two countries with Chinese cultural roots: The risk judgments of respondents from Hong Kong and Taiwan were more sensitive to the magnitude of potential losses and less mitigated by the probability of positive outcomes.