Search results for "risk taking"
showing 10 items of 20 documents
Assessing risky and protective behaviors among pedestrians in the Dominican Republic: New evidence about pedestrian safety in the Caribbean
2021
Abstract Introduction Research on pedestrians’ behavior and safety in low and middle-income countries (LMICs) is scarce, compared to high-income economies. This study aimed to present the validation of the Walking Behavior Questionnaire (WBQ), which has not been tested before in the Dominican Republic, and to evaluate age differences in walking-related self-reported behaviors. Methods For this study, a nationwide sample of 1026 pedestrians answered a questionnaire on risky and safe walking behaviors. Psychometric properties of the WBQ, variable correlations and age-based differences in walking were tested. Results Overall, the WBQ presented an adequate structure, goodness-of-fit indexes, an…
Why Do We Take Risks? Perception of the Situation and Risk Proneness Predict Domain-Specific Risk Taking
2021
[EN] Risk taking (RT) is a component of the decision-making process in situations that involve uncertainty and in which the probability of each outcome - rewards and/or negative consequences - is already known. The influence of cognitive and emotional processes in decision making may affect how risky situations are addressed. First, inaccurate assessments of situations may constitute a perceptual bias in decision making, which might influence RT. Second, there seems to be consensus that a proneness bias exists, known as risk proneness, which can be defined as the propensity to be attracted to potentially risky activities. In the present study, we take the approach that risk perception and r…
The role of social support in the association between gambling, poor health and health risk-taking
2016
Aims: Studies have shown that gambling is associated with poor health and health risk-taking behaviour. However, little is known about those factors that can influence the association between gambling, health risk-taking and health. Using a population-based School Health Promotion Study of eighth- and ninth-grade Finnish boys and girls ( N = 62,956), we investigated the relationships between gambling frequency, health risk-taking and poor health as well as whether social support from parents, friends and school staff could mediate these associations. Methods: Path analysis was used to discover direct and indirect effects of health, health risk-taking and gambling. Results: Social support f…
Do Powerful CEOs Determine Microfinance Performance?
2012
Recently, microfinance has been coming under public and media attacks. The microcredit crisis following from microfinance-induced suicides in 2010 in the Indian state of Andhra Pradesh indicates that weak corporate governance and imprudent risk taking have far-reaching consequences. Yet, analyses of corporate governance mechanisms among microfinance institutions (MFIs) remain underdeveloped. As a response, this study examines the impact of CEO power on MFI risk taking by deriving explicit predictions of this effect from a characterization of the microfinance industry. Based on a sample of 280 microfinance institutions, our results suggest that powerful CEOs of microfinance non-governmental …
Towards a methodology to assess organizational learning capability
2011
PurposeThe present study aims to revalidate a measurement scale for organizational learning capability in the context of university faculty members. This is a particularly relevant context because it deals with knowledge‐intensive services. Following Chiva et al., organizational learning capability was conceptualized as a second factor construct including five dimensions: experimentation, risk taking, interaction with the external environment, dialogue and participative decision making.Design/methodology/approachData were collected from the Instituto Tecnológico de Costa Rica, a leading university in Costa Rica. The survey was addressed to faculty members. A total of 795 valid questionnaire…
The Relationship between Risk-Taking, Sensation-Seeking, and the Tourist Behavior of Young Adults: A Cross-Cultural Study
2004
This study analyzed the effects of the combined psychological characteristics of risk-taking and sensation seeking on the travel behavior and preferred tourist activities of young adults on leisure trips. The results of this cross-cultural study, which was conducted among 1,429 students at 11 universities located in 11 different countries, found that respondents with high combined risk-taking and sensation seeking (RSS) scores differed significantly in their travel behavior, mode of destination choice, preferred tourist activities and demographics, from those who had low RSS scores. The study also discovered a significant difference between nationalities on RSS scores.
Not all high-alexithymia individuals are risk-takers: private self-consciousness moderates the relationship between alexithymia and risk-taking behav…
2016
This article concerns the influence which alexithymia exerts on risk-taking. In particular, alexithymia is seen as a factor which encourages risk-taking as it allows high-alexithymia individuals to feel emotions which are sufficiently intense to compensate for their deficit of emotional awareness. In this connection, we make the hypothesis that alexithymia’s influence is moderated by private self-consciousness (SC). This is because private SC increases the likelihood that high-alexithymia individuals become aware of their risk-taking tendency and that this tendency is discrepant with their pro-safety standards (‘putting someone in danger is bad’) or self-schemas (‘I am a responsible person’…
Dynamic Risk Taking with Bonus Schemes
2014
This paper studies dynamic risk taking by a risk-averse manager who receives a bonus; the company may default on its contractual obligations (debt and fixed compensation). We show that risk taking is time independent, and is summarized by the so-called risk aversion of derived utility. We highlight the importance of dynamic aspects and provide a foundation for common qualitative discussions that are based on characteristics of bonus functions. The paper cautions that deferral of fixed compensation may increase risk taking. Finally, we motivate a new bonus scheme that incentivizes the manager to implement the socially optimal risk level.
Actitudes de emprendimiento y los "Cinco Grandes": una compa-ración intercultural entre España y Estados Unidos.
2022
Culture may interact with personality to facilitate or inhibit en-trepreneurial behaviors. 296 undergraduates in the United States and 257 in Spain completed the Big Five Personality Inventory and the Entrepreneur-ial Attitudes Scale for Students (Mean age = 20.16 years; SD = 3.39). We hypothesized that across cultures, conscientiousness and openness would predict greater risk taking whereas neuroticism and agreeableness would be a negative correlate. Personality variables explained a larger proportion of the variance in entrepreneurial attitudes in the U.S. data. The associations between the personality dimensions and entrepreneurship varied consider-ably by country and gender. Significant…
Managing risk-taking to enhance innovation in organizations
2013
Trabajo presentado al Organizational Innovation Workshop: "Organizational Innovation and its antecedents, performance consequences and technological complementarities: Towards a research agenda" celebrado en Valencia (España) el 21 de Febrero de 2013.