Adolescence, a period during which risk-taking behaviors frequently occur, is susceptible to peer influence. However, the direction of peer influence on group decision-making among adolescents and whether it increases group decision-making risk-seeking or risk-aversion is still unclear. This study recruited 84 adolescents (age = 14.44, 48 girls) and 99 young adults (M age = 20.48, 48 women) and adopted two framing tasks (life and money problems) to examine the differences between individual decision-making and group decision-making (of three members each), as well as the strategies for reaching consensus in group discussion. Results showed no evidence that adolescents are more risk seeking than adults in individual decision-making, and the adolescents were even more risk averse toward money problems than adults. We also found that the adolescents were more risk seeking for life problems but more risk averse for money problems in group decision-making than in individual decision-making under the loss frame. Further analysis of group discussion showed that the adolescents were more likely to apply the strategy of "one person puts forward an idea and then the others follow" to reach an agreement, while the adults tended to vote. This study indicated that peers' influence on group decision-making is domain specific, especially among adolescents.
Supplementary information: The online version contains supplementary material available at 10.1007/s12144-022-04027-5.
Keywords: Adolescents; Group decision-making; Peer; Risky decision-making.
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