1. Conservatism in Group Information Processing Behavior Under Varying Management Information Systems. Paper No. 333.
- Author
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Purdue Univ., Lafayette, IN. Herman C. Krannert Graduate School of Industrial Administration. and Moskowitz, Herbert
- Abstract
This paper describes an investigation of the effects of group interaction and consensus on information processing behavior when information is received sequentially or simultaneously by the information processing unit. Responses were compared to the Bayesian norm and further analyzed to determine the extent to which groups differed from individuals in processing information and how information processing behavior was affected by the mode of message transmission. Findings of the study showed that groups processed information more conservatively than "statistical" groups or individuals. Moreover, group conservatism was partially an artifact of the consensus process. In the aggregate, information received sequentially was also processed more conservatively than information received simultaneously. Neither risk attitudes of the information processing units nor perceived data credibility were related to information processing behavior. A number of statistical tables and graphs summarize various findings of the study. (Author/JG)
- Published
- 1971