Monday, July 8, 2019

Social context influences decision-makers' willingness to take risks

Do differences in performance have an impact on the appetite for risk-taking in decision-makers? Economists have addressed this question. The result of their study is that people's willingness to take risks increases as soon as they get a lower return than other people with whom they compare themselves. At the same time, decision-makers take lower risks if they get a higher return than their peers.

from Latest Science News -- ScienceDaily https://ift.tt/2JxClUm

No comments:

Post a Comment

A “ghost” great white shark just reignited a 160-year Mediterranean mystery

The capture of a juvenile great white shark in Spain has provided fresh evidence that the Mediterranean's elusive "ghost" popu...