Willingness to Take Risk: The Role of Risk Conception and Optimism
We show that the disposition to focus on favorable or unfavorable outcomes of risky situations affects willingness to take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is strongly associated with optimism, a stable facet of perso...
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| Main Author: |
Dohmen, Thomas
Quercia, Simone Willrodt, Jana |
|---|---|
| Format: | Publication |
| Language: | English |
| Place of publication: |
Bonn: Institute of Labor Economics (IZA) 01.01.2019 |
| Data of publication: | 2019-01-01 |
| Dewey Decimal Classification: | 330 |
| Discipline: | Economics |
| Subjects: | |
| Online Access: | available in Bonn? |
| Database: | OpenAIRE (Open Access) OpenAIRE Database information Databases - DBIS |