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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Bibliographic details
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
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