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Willingness to take risk: the role of risk conception and optimism

Thomas Dohmen (University of Bonn, IZA and Maastricht University), Simone Quercia (University of Bonn), Jana Willrodt (Bonn Graduate School of Economics and DICE) ; IZA Institute of Labor Economics

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: eBook
Language: English
Related: Forschungsinstitut zur Zukunft der Arbeit ¬[Herausgebendes Organ]
Ort : Verlag : ErscheinungsdatumBonn, Germany : IZA Institute of Labor Economics : June 2018
Extent: 1 Online-Ressource (35 Seiten) : Diagramme
Umfang: (Dateityp; Kodierungsformat)Textdatei; PDF
Series: Discussion paper series / IZA Institute of Labor Economics ; no. 11642
Links: Fulltext
HBZ-ID: HT019749602 » further libraries in North Rhine-Westphalia
Database: ULB Bonn