To what extent is there a general factor of risk preference, R, akin to g, the general factor of
intelligence? Can risk preference be regarded as a stable psychological trait? These …

Psychology offers conceptual and analytic tools that can advance the discussion on the
nature of risk preference and its measurement in the behavioral sciences. We discuss the …

People's risk preferences are thought to be central to many consequential real-life decisions,
making it important to identify robust correlates of this construct. Various psychological …

Monkeys and other animals appear to share with humans two risk attitudes predicted by
prospect theory: an inverse-S-shaped probability-weighting (PW) function and a steeper …

With the rise of experimental research in the social sciences, numerous methods to elicit and
classify people's risk attitudes in the laboratory have evolved. However, evidence suggests …

Decision-making under risk has been variably characterized and examined in many different
disciplines. However, interdisciplinary integration has not been forthcoming. Classic theories …

Risky behavior in humans is typically considered irrational, reckless, and maladaptive. Risk-
sensitivity theory, however, suggests that risky behavior may be adaptive in some …

Evidence shows that people's preference for risk changes considerably when measured
using different methods, which led us to question whether the common practice of using a …

Risk-taking is a long-standing area of inquiry among psychologists and economists. In this
paper, we examine the personality profile of risk-takers in two independent samples …

People differ in their willingness to take risks. Recent work found that revealed preference
tasks (eg, laboratory lotteries)—a dominant class of measures—are outperformed by survey …