Gained some more first hand experience yesterday, watching the exact topic of this thread in action. A group of about 6 riders, 5 of which are all about the same pace.
The group settled into a pecking order pretty quickly. With a Gixxer 1K in the lead and an R1 as rear rider. Occasionally due to marking turns, the order would be mixed up and Mr. odd one out occasionally found himself mixed up in the group at the front.
On these occasions, I decided to sit back 100metres or so, and just see what the reaction would be. And sure enough, it only too three or four consecutive turns to unearth the running wide syndrome.
This rider would get hooked onto the tail of one of the other riders and then have a real go at staying with them. Which would go OK for a corner or two, and then he would initiate proceedings by making a small error and just washing off enough turn speed to lose a little ground on the rider in front. Then the red mist befell!!! And the throttle gets wound up earlier and in a lower gear with more revs, and then ..........Run wide on the next turn.
I wanted to know what was going on in his head when he did it, so at the next stop, I questioned him as to what he thought happened, and this is a summary of what he said.
The turn in question was a smooth well cambered left hand sweeper, which tightened ever so slightly at the exit and also started to drop down a little in elevation. Not to different to "southern loop" for those that know it, only a narrower entry than the Loop.
He basically said that at 1/3 way thru the turn, he was at the maximum lean angle he had ever had before, and lost trust that his tyres would grip so he stood it up and jumped on the brakes and ran way wide to the other side of the road. Luckily it was a wide turn with loads of grassy run off which saved him from throwing it down the road.
The remainder of us were all able to lay it over a little further and make the turn with ease. We were all on comparable bikes, with good modern sticky tyres and functioning suspensions so it was a mindset not a grip or handling problem.
Just thought I would share it with you as another back up to what this thread is in essence about.

"I hate to advocate drugs, alcohol, violence or insanity to anyone, but they've always worked for me" Hunter S. Thompson.
There are really only two questions in life. 1.Which way do i go? 2.What is the lap record?