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15 de nov. de 2020 · An individual's attitude toward risk is often measured by their behavioral tendency in risky situations. However, commonly used self-report measures of risk attitudes often do not explicitly specify “risk” in all the items, which results in an unsystematic mix of both perceived uncertainty and risk (as loss).
Read this article, and pay attention to the section on attitudes toward risk. Think about your industry. Is it risk-averse or open to taking smart risks? What about you, personally?
Developing emotional literacy at both individual and group levels offers a route towards understanding and managing risk attitudes, allowing the undoubted benefits to be reaped and creating a framework for ongoing learning and increased risk management effectiveness.
Risk management is recognised as an essential contributor to business and project success, since it focuses on addressing uncertainties in a proactive manner in order to minimise threats, maximise opportunities, and optimise achievement of objectives.
Risk attitudes exist on a spectrum from risk-aversion (uncomfortable with uncertainty), through risk-tolerant (no strong response), to risk-seeking (welcoming uncertainty). They are active at individual, group, corporate and national levels, and where they are recognised their influence on the risk process can be diagnosed and understood.
Differentiate among the three risk attitudes that prevail in our lives—risk averse, risk neutral, and risk seeker.
1 de jun. de 2011 · Our first set of results includes evidence of substantial heterogeneity in risk attitudes, and strong evidence that gender, age, height, and parental background play an important role in explaining individual differences in risk attitudes.
