A domain‐specific risk‐attitude scale: measuring risk perceptions and risk behaviors

We present a psychometric scale that assesses risk taking in five content domains: financial decisions (separately for investing versus gambling), health/safety, recreational, ethical, and social decisions. Respondents rate the likelihood that they would engage in domain‐specific risky activities (Part I). An optional Part II assesses respondents' perceptions of the magnitude of the risks and expected benefits of the activities judged in Part I. The scale's construct validity and consistency is evaluated for a sample of American undergraduate students. As expected, respondents' degree of risk taking was highly domain‐specific, i.e. not consistently risk‐averse or consistently risk‐seeking across all content domains. Women appeared to be more risk‐averse in all domains except social risk. A regression of risk taking (likelihood of engaging in the risky activity) on expected benefits and perceived risks suggests that gender and content domain differences in apparent risk taking are associated with differences in the perception of the activities' benefits and risk, rather than with differences in attitude towards perceived risk. Copyright © 2002 John Wiley & Sons, Ltd.     

Predicting domain‐specific risk taking with the HEXACO personality structure

Although risk taking traditionally has been viewed as a unitary, stable individual difference variable, emerging evidence in behavioral decision‐making research suggests that risk taking is a domain‐specific construct. Utilizing a psychological risk‐return framework that regresses risk taking on the perceived benefits and perceived riskiness of an activity (Weber & Milliman, 1997 ), this study examined the relations between risk attitude and broad personality dimensions using the new HEXACO personality framework (Lee & Ashton, 2004 ) across four risk domains. This personality framework, which has been replicated in lexical studies in over 12 natural languages, assess personality over six broad personality dimensions, as opposed to the traditional Five‐Factor Model, or “Big Five.” Through path analysis, we regressed risk taking in four separate domains on risk perceptions, perceived benefits, and the six HEXACO dimensions. Across all risk domains, we found that the emotionality dimension was associated with heightened risk perceptions and high conscientiousness was associated with less perceived benefits. We also report several unique patterns of domain‐specific relations between the HEXACO dimensions and risk attitude. Specifically, openness was associated with risk taking and perceived benefits for social and recreational risks, whereas lower honesty/humility was associated with greater health/safety and ethical risk taking. These findings extend our understanding of how individuals approach risk across a variety of contexts, and further highlight the utility of honesty/humility, a dimension not recovered in Big Five models, in individual differences research. Copyright © 2010 John Wiley & Sons, Ltd.     

How much risk can you stomach? Individual differences in the tolerance of perceived risk across gender and risk domain

Research within the psychological risk–return framework, namely, using the Domain-Specific Risk-Taking scale, has led to a conclusion that risk attitude—measured as an individual's sensitivity to the risk they perceive—is stable across people (e.g., gender) and domains (e.g., recreational, social, financial, & health). Risk taking differences across gender and domain have been interpreted in terms of differences in the magnitude of risk perceived (and expected benefit). Yet the Domain-Specific Risk-Taking scale items, contrived by researchers rather than decision makers themselves, may have failed to detect differences in perceived risk attitude by failing to adequately represent all combinations of risks and benefits across gender and domains. In Study 1, participants generated their own examples of activities, which we selected among in Studies 2 and 3 to construct a new scale representing various levels of perceived risk and expected benefit. Our findings reveal that women are more sensitive than men to risk they perceive (i.e., are less tolerant of risk) in the recreational, social, and financial domains but not in the health domain. Risk attitude also differed across domains, with participants tolerating more risk in some domains than in others. We conclude that gender and domain differences in risk taking stem partly from gender and domain differences in people's sensitivity to perceived risks. Our findings have theoretical implications for the psychological risk–return framework and bridge with other theoretical approaches, such as the expected utility framework. Our studies also provide a new scale for assessing differences in attitudes toward risk that overcomes shortcomings of existing scales.     

The affect heuristic,mortality salience,and risk: Domain‐specific effects of a natural disaster on risk‐benefit perception

We examine how affect and accessible thoughts following a major natural disaster influence everyday risk perception. A survey was conducted in the months following the 2004 south Asian Tsunami in a representative sample of the Swedish population (N = 733). Respondents rated their experienced affect as well as the perceived risk and benefits of various everyday decision domains. Affect influenced risk and benefit perception in a way that could be predicted from both the affect‐congruency and affect heuristic literatures (increased risk perception and stronger risk‐benefit correlations). However, in some decision domains, self‐regulation goals primed by the natural disaster predicted risk and benefit ratings. Together, these results show that affect, accessible thoughts and motivational states influence perceptions of risks and benefits.     

Age Differences in Risk: Perceptions,Intentions and Domains

Although it is commonly assumed that older people are more cautious and risk averse than their younger counterparts, the research on age differences in risk taking is mixed. While some research has found that older adults are less risk seeking, other research has found the opposite or no differences. One explanation is that age differences vary across risk domains. In two studies, we surveyed three adult age groups ranging in age from 18 to 83 on their risk perceptions and intentions of risky behaviors across several domains. Our studies showed that compared with young adults, older adults tend to see more risk in behaviors in health and ethical domains but less risk in behaviors from the social domain. A similar pattern occurred for participants' intentions of engaging in the risky behaviors. Older adults rated risky behaviors from health and ethical domains as less enjoyable and less likely to produce gains than young adults, whereas they rated risky behaviors from the social domain as more enjoyable, less unpleasant, and less likely to produce losses than young adults. These results suggest that age differences in risk preferences may vary across domains and may result from differing motivations. Copyright © 2015 John Wiley & Sons, Ltd.     

Risk‐Taking Tendencies in Prisoners and Nonprisoners: Does Gender Matter?

Several investigations have found that prisoners are more likely than nonprisoners to engage in risky behavior, which may contribute to their propensity to commit criminal offenses. However, this research has been limited by an almost exclusive focus on male samples. Given the established link between risk taking and gender, it is thus unclear how findings on the risk‐taking propensities of prisoners also hold in women. The present study uses both a self‐report questionnaire (Domain‐Specific Risk Taking scale, DOSPERT) and a behavioral task (Balloon Analogue Risk Task, BART) to investigate risk‐taking tendencies in a Chinese prisoner group and a nonprisoner control group with balanced gender proportions. Across both genders, prisoners both indicated a higher risk‐taking tendency on the DOSPERT and showed more risk‐taking behavior on the BART than did nonprisoners. Importantly, the differences were considerably more pronounced in women than in men. Relative to nonprisoners, gender differences in risk taking were substantially smaller, or even reversed, in prisoners. Computational modeling of respondents' behavior in the BART revealed that the prisoners had higher reward sensitivity and lower response consistency than the nonprisoners; these differences were again more pronounced among women. Our results suggest that previous studies based primarily on male prisoners may have underestimated differences in risk taking between prisoners and nonprisoners, and that female prisoners may represent an even more extreme subpopulation than male prisoners. Copyright © 2015 John Wiley & Sons, Ltd.     

Developing and Validating a Measure of Consumer Well-Being in Relation to Cell Phone Use

This paper reports on an effort to develop a consumer well-being measure in relation to cell phone use. The measure is based on the theoretical notion that the perception of the overall quality-of-life impact of the cell phone on users is determined by their perceptions of the impact of the cell phone in various life domains such as social life, leisure life, family life, education life, health and safety, love life, work life, and financial life. In turn, the perception of impact of the cell phone in a given life domain (e.g., social life, leisure life) is determined by perceptions of benefits and costs of the cell phone within that domain. We conducted two major studies to select items capturing perceived benefits and costs that are predictive of perceived quality-of-life impact of the cell phone.     

Risk and rationality: the influence of decision domain and perceived outcome control on managers' high‐risk decisions

The issue of when managers will undertake different forms and amounts of risk in their new business creation decisions is still not fully understood. To address one facet of this issue, this paper advances the proposition that decision domain and perceived outcome control interact to impact managers' new‐product introduction decisions. Employing a causal method, a nested experimental design and indicators of risk's probability of loss and magnitude of loss elements, the study's results demonstrate that the manager's level of perceived outcome control combines with decision domain to determine subsequent levels of risk taking that are specific to each element of risk. Implications for theory, including prospect theory, and practice, especially firms wanting to pursue today's high‐risk new‐economy based initiatives, are discussed. Copyright © 2002 John Wiley & Sons, Ltd.     

“All‐or‐None” Versus “Most‐or‐Some” Options in Risky Choice: Effects of Domain and Handedness

Two methodological variants of Kahneman and Tversky's Asian disease scenario were investigated. One variant involved replacing the “all‐or‐none” outcome scenarios of the risky choice with “most‐or‐some” scenario outcomes, and the second variant involved replacing the negative domain of lives lost with a positive domain of jobs created. In addition, the effects of strength of handedness, a variable related to individual differences in risk perception, were examined. Results indicated that standard framing effects were obtained across both domains, with a decrease in risky choice under the gain domain. Scenario type also interacted with handedness, such that the all‐or‐none scenario yielded framing effects for consistent (strong)‐handers only, whereas the most‐or‐some scenario yielded framing effects for inconsistent (mixed)‐handers only (consistent‐handers are those who use the same hand exclusively for almost all activities). These results demonstrate that framing effects are strongly influenced by the presence versus absence of extreme/absolute outcomes and that individuals (in this case, decision makers with varying degrees of handedness strength) are differentially sensitive to different pieces of information. Copyright © 2014 John Wiley & Sons, Ltd.     

Salient Volunteering Behavior Increases Monetary Risk‐taking

Research finds that engaging in prosocial behavior has many positive psychological outcomes (e.g., enhanced well‐being, optimism, perceived control, and a boost in self‐concept), and research on monetary risk‐taking reveals these psychological outcomes are associated with increased risk‐taking. Merging these findings, we propose that when people's volunteering behavior is made salient in their minds, they take more monetary risks. Making research participants’ volunteering behavior salient by having them recall an act of prior volunteering (studies 1 and 3), choosing whether to volunteer (study 2), or choosing one of two volunteering activities (study 4), four experiments (and a fifth reported in the Appendix S2) reveal increased risk‐taking across several monetary‐risk outcomes (incentive‐compatible gambles, allocation of a windfall gain, and a behavioral risk‐taking measure involving escalating risk). Lastly, when the decision maker attributes a decision to volunteer to an external source, the effect of salient volunteering on monetary risk‐taking attenuates.     

Testosterone and domain-specific risk: Digit ratios (2D:4D and rel2) as predictors of recreational, financial, and social risk-taking behaviors

Prenatal testosterone has important effects on brain organization and future behavior. The second-to-fourth digit length ratio (2D:4D), a proxy of prenatal testosterone exposure, has been linked to a wide variety of sexually differentiated dispositions and behaviors. We examine the relationship between digit length ratios (2D:4D and rel2, the length of the second finger relative to the sum of the lengths of all four fingers) and risk-taking behaviors across five domains: financial, social, recreational, ethical, and health. In a sub-sample of male Caucasians (ethnically homogeneous), lower rel2 was predictive of greater financial, social, and recreational risk-taking, whereas lower 2D:4D was predictive of greater risk-taking in two domains (social and recreational). In the full male sub-sample (ethnically heterogeneous), the only significant correlation was a negative association between 2D:4D and financial risk. A composite measure of risk-taking across all five domains revealed that both rel2 and 2D:4D were negatively correlated with overall risk-taking in both male sub-samples. No significant correlations were found in the female sub-samples. Finally, men were more risk-seeking than women across all five contexts.     

The influence of self‐efficacy,subjective norms,and risk perception on behavioral intentions related to the H1N1 flu pandemic: A comparison between Korea and the US

This study examined the extent to which individualism‐collectivism moderates the relative effects of agency control beliefs (i.e., self‐efficacy), social norms (i.e., subjective norms), and risk perception (perceived vulnerability and perceived severity) on behavioral intention to engage in self‐protection behavior in the context of the H1N1 flu pandemic. Using multistage stratified sampling, the present study sampled people from the US (n = 399) and Korea (n = 500), two countries that have been found to be prototypical of individualistic and collectivistic national cultures, respectively. Consistent with the contrast between individualism and collectivism, the results of moderated regression analyses showed that intrapersonal control beliefs (i.e., self‐efficacy) and risk perception (i.e., perceived severity) had stronger effects on behavioral intention in the American sample than in the Korean sample, whereas social norms (i.e., subjective norms) had a stronger predictive power for the Korean sample than for the American sample. Overall, the findings contribute to health and risk studies by specifying which aspects of risk perceptions or beliefs are affected by national culture and how this translates into cross‐national variations in health risk behavioral intention.     

Domain specificity in experimental measures and participant recruitment: an application to risk-taking behavior

We challenge the prevailing notion that risk taking is a stable trait, such that individuals show consistent risk-taking/aversive behavior across domains. We subscribe to an alternative approach that appreciates the domain-specific nature of risk taking. More important, we recognize heterogeneity of risk profiles among experimental samples and introduce a new methodology that takes this heterogeneity into account. Rather than using a convenient subject pool (i.e., university students), as is typically done, we specifically targeted relevant subsamples to provide further validation of the domain-specific nature of risk taking. Our research shows that individuals who exhibit high levels of risk-taking behavior in one content area (e.g., bungee jumpers taking recreational risks) can exhibit moderate levels in other risky domains (e.g., financial). Furthermore, our results indicate that risk taking among targeted subsamples can be explained within a cost-benefit framework and is largely mediated by the perceived benefit of the activity, and to a lesser extent by the perceived risk.     

Experiences and consequences on prison police's well-being

In view of the deep crisis affecting Italian prisons and the urgent need to review the sense and meaning of this institution, initiatives promoting innovative custodial and rehab practices are increasing. Our study refers to one of the most advanced Italian prisons as far as prisoners' rehabilitation and re-education are concerned, with activities such as open cells, prisoners' self-organization of recreational–cultural activities, promotion of cooperative working activities both inside and outside the prison, in order to study if and how this detention culture change has caused organizational transformations which affect the professional well-being of operators who manage inmates in penal institutions. A qualitative study involving 15 correctional officers working in the three most critical departments of the building that host the so called “protected” prisoners (long-lasting sentences, drug addicts, and sex offenders) investigates the subjects' experiences and representations of their role and organizational life aspects indicating their professional well-being.     

The effect of perceived financial vulnerability on prosocial activity

Our research examines the effect of subjective financial vulnerability on prosocial activity. First, data from the European Survey of Health, Aging and Retirement (SHARE) revealed that higher assessment of one's financial vulnerability might be associated with prosocial motivation for social activities. Next, we manipulated participants' perception of their relative financial position compared to their peers and found that participants randomly assigned to the low financial position condition were more willing to volunteer than participants assigned to the high financial position condition. In Study 3, we manipulated participants' financial advantage. Participants who were disadvantaged in the experimental settings were more willing to volunteer and donate to charity compared to participants with financial advantage. In our final study, we examined willingness to donate to in‐group and out‐group help organizations and found that individuals of lower perceived financial standing may be motivated by the goal of increasing the strength of the social group, rather than by expectations of direct reciprocity. We also found that emotional distress mediates the relationship between perceived financial vulnerability and prosocial behavior. In line with earlier research illustrating that lower financial status promotes prosociality on an interpersonal level, we demonstrate that even momentary perception of relative financial disadvantage and vulnerability promotes prosociality in the broader social context.     

Safety in Numbers: Why the Mere Physical Presence of Others Affects Risk‐taking Behaviors

As social mammals, being in a group signals a state of relative security. Risk‐taking behavior in other social mammals formed the basis for our prediction that the mere physical presence of others, absent any social interaction, would create a psychological state of security that, in turn, would promote greater risk‐taking behavior. We investigated whether, why, and when the mere physical presence of others affects risk‐taking behaviors in three contexts: acceptance of greater financial volatility, attitudes toward risky gambles, and actual gambling behaviors. Results indicate that people in the mere physical presence of others make riskier decisions than people making identical decisions alone, and that feelings of security were the psychological mechanism behind this effect. Our results also suggest that the effect is contingent on whether people are surrounded by others who belong to the same social group. A meta‐analysis across all studies presented in this research reveals a highly reliable mere‐presence effect. Together, these results demonstrate that the mere physical presence of others can have a potent impact on risk‐taking behaviors. Copyright © 2016 John Wiley & Sons, Ltd.     

Changes in self‐perceptions of competence and intrinsic motivation among elementary schoolchildren

Background: Children's perceived competence and intrinsic motivation are assumed to be very high at the outset of schooling. However, how they change and how they relate to each other and to academic achievement across early schooling years remain open to question. Aims: This 3‐year longitudinal study was aimed at examining the following questions. Do children's perceived competence and intrinsic motivation about reading and mathematics change across the first 3 years of schooling? Do their perceived competence and intrinsic motivation differ according to academic domains? Do their perceived competence and intrinsic motivation relate to their academic achievement in each academic domain? Sample: A total of 115 elementary schoolchildren (63 boys and 52 girls) were examined in first grade (mean age = 84,5 months, SD = .67) and for the next 2 years. Method: Children responded to questionnaires about their perceived competence and intrinsic motivation in reading and mathematics. Year‐end grades in these two subjects were used as a measure of performance. Results: Changes in perceived competence and intrinsic motivation, and between‐year intercorrelations, were observed to differ according to academic domains and gender. Intrinsic motivation did not make a significant contribution to academic achievement at either school grade or in any academic domain, whereas perceived competence was significantly related to achievement at each school grade in both reading and mathematics. Conclusions: Differences between boys and girls observed in this study were not linked to a specific domain and cannot be attributed to gender‐role stereotypes. Girls appeared to be more precocious in differentiating their competence and intrinsic motivation according to academic domain, as well as in being able to process and integrate information about their ability from past performances in a domain to judge their competence in the same domain.     

Social self‐esteem and self‐reported bullying behaviour among adult prisoners

This paper addresses how social self‐esteem relates to self‐reported bullying behaviour among adult prisoners. It explores both level of self‐esteem and participants’ certainty of their self‐esteem. A total of 502 adult prisoners (285 men and 217 women) completed a self‐report behavioural checklist (Direct and Indirect Prisoner Behaviour Checklist) [Ireland JL. 1999. Aggres Behav 25:162–178] that addressed the level of bullying behaviour at their present institution. Prisoners also completed a questionnaire that measured social self‐esteem (Texas Social Behaviour Inventory) [Helmreich R, Stapp J. 1974. Bull Psychonomic Soc 4:473–475]. Four categories of prisoners were compared: bullies, victims, those who reported both bullying others and being victimised themselves (bully/victims), and those who were not involved in bullying behaviour. There were no significant differences among bully categories in total self‐esteem scores. Men reported significantly higher levels of self‐esteem than did women. There were no significant sex or bully category differences in certainty of self‐esteem. Self‐esteem was found to include a number of individual components that differed between the sexes. The findings are discussed, and directions for future research are suggested. Aggr. Behav. 28:184–197, 2002. © 2002 Wiley‐Liss, Inc.     

Interaction of socio‐structural characteristics to predict Roma's identification and desire to challenge low status position

We examined the interaction of socio‐structural variables predicting Roma's identification and endorsement for collective action. Roma from Slovakia rated perceived stigma and status, their perception of the intergroup context, identification, and desire for Roma to join together to compete with the high status non‐Roma majority. The results showed that greater perceived permeability predicted lower Roma identification. The socio‐structural variables also interacted such that Roma who perceived group boundaries as impermeable and status difference as unstable and illegitimate expressed the highest desire for collective action. Lastly, identification was also a strong predictor of desire to directly compete with non‐Roma. The results highlight both the usefulness of a social identity perspective for understanding resistance to discrimination and perceived context for collective action.