Two People Risk Decision Of Research

There are two old-saying:The first one is "Two heads are better than one" . The second is " The leopard always change its spots. Including four problems in the field of management: Firstly, individual decision and group decision which one is better? Secondly, The influence of Personality Traits on Decision - making? Thirdly,The effect of Team Personality on Group Decision - making? Fourthly, under the same personality traits ,the differences between individual decision and group decision?This study addresses the above four questions, based on risk decision theories and personality trait, using the big five personality model (NEO-FFI) and Balloon Analogue Risk Task (BART).Throughing experimental research, main research results including:1. There was significant difference in risk preference between individual and team.Especially, in the free discussion condition, the risk preference of the group is significantly higher than that of the individual. The risk preference of the communication teams are higher than that of the non-communication teams, but there is no significant difference between the two groups.2. Personality traits influence the risk preference of individual risk decision.Neuroticism, senior personality factor A and personal risk appetite has a negative relationship; openness, extroversion, and senior personality factor B have positive effects on individual risk appetite; agreeableness and conscientiousness had a negative impact on individual risk appetite, but no statistical significance.3. Team personality traits have an effect on risk preference of group . Under the condition of non-communication, neuroticism has a negative impact on the risk appetite;extraversion trait has a positive effect on the risk preference;conscientiousness, openness, senior personality factors A, senior personality factor A, senior personality factor B has no significant effect on the risk preference of the group. Under the condition of free discussion,neuroticism is negatively correlated with the team’s risk appetite; extroversion and openness are positively correlated with the team’s risk appetite;agreeableness and conscientiousness have no effect on the risk reference of group.4. In the same personality traits, There are significant difference in risk preference between individual and group.In the condicition of the high scores of neuroticism,openness ,senior personality factors A,the risk perference of group decision in communication condicition is higher than individual. In addition,neither in neuroticism, agreeableness, conscientiousness, senior personality factor A ,openness, extroversion, senior personality factor B higher scores nor lower scores, There was no significant difference in the risk preference between the individual decision - making and non - communication decision - making,non-communicative and the communicative decision-making.All the above conclusions, these are meaningful for personal career, business or other social organizations in the selection of personnel.For exemple,the start-up companies need the adventurous person, may choose the Co-leader, or choose the people who have lower scores of neuroticism, senior personality factor A, or higher scores of openness, extroversion, senior personality factor B. Building a team, you can choose the higher scores of openness, extroversion to carry out pioneering and innovative. When you need to select a conservative policy ,choosing the people with high neuroticism scores.