Personality Profile of Risk-Takers

Author(s):  
Elizabeth D. Joseph ◽  
Don C. Zhang

Abstract. 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. Specifically, we examined the association between the Big Five facets and risk-taking propensity across two measures: The Domain-Specific Risk-Taking Scale (DOSPERT) and the General Risk Propensity Scale (GRiPS). At the Big Five domain level, we found that extraversion and agreeableness were the primary predictors of risk-taking. However, facet-level analyses revealed that responsibility, a facet of conscientiousness, explained most of the total variance accounted for by the Big Five in both risk-taking measures. Based on our findings across two samples ( n = 764), we find that the personality profile of a risk-taker is extraverted, open to experiences, disagreeable, emotionally stable, and irresponsible. Implications for the risk measurement are discussed.

2021 ◽  
Author(s):  
Elizabeth Joseph ◽  
Don C. Zhang

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. Specifically, we examined the association between the Big Five facets and risk-taking propensity across two measures: The Domain-Specific Risk-Taking Scale (DOSPERT) and the General Risk Propensity Scale (GRiPS). At the Big Five domain level, we found that extraversion and agreeableness were the primary predictors of risk taking. However, facet-level analyses revealed that responsibility, a facet of conscientiousness, explained most of the total variance accounted for by the Big Five in both risk-taking measures. Based on our findings across two samples (n = 764), we find that the personality profile of a risk taker is extraverted, open to experiences, disagreeable, emotionally stable, and irresponsible. Implications for the risk measurement are discussed.


Author(s):  
Victoria Waterworth ◽  
Alexander Procyk ◽  
Elisa Canetti ◽  
Wayne Hing ◽  
Suzanne Gough

Purpose: To explore the influence of education and other factors on an athlete’s decision to return to sport post-concussion injury, and whether general risk-taking tendencies are related to return to sport post-concussion decisions in these athletes. Participants and Methods: A self-administered electronic survey was designed to examine their decision-making process when faced with scenario-based questions regarding returning to sport post-concussion injury. Students from the Health Sciences and Medicine Faculty at Bond University were invited to participate. Participants were allocated to a concussion education or non-education group prior to commencement of questionnaire via the random generator on Qualtrics software function. The risk propensity scale was used to assess the risk aversion of each participant. Results: Sixteen respondents were randomized evenly to education and non-education groups. Seven (43.8%) had previously received concussion education training prior to completing the questionnaire, with one (14%) choosing to return to sport in the scenario-based questions. The education group reported two (25%) respondents return to sport, while three (75%) respondents out of four returned to sport with no education or previous concussion training. Influential factors that impacted the decision whether to return to sport or not included: game importance, concussion severity and symptoms, and various internal and external factors. Finally, there was a divergence in results from the risk propensity scale when deciding to return to sport and general risk-taking propensities. Conclusion: This study identified several influential factors including game importance, concussion severity and symptoms which play a significant role in the return to sport decisions post-concussion injury.


1999 ◽  
Vol 9 (4) ◽  
pp. 290-310
Author(s):  
C. Cryss Brunner

According to Cantor and Bernay (1992), “Risk taking is a critical factor of successful leadership” (p. 158). Surprisingly, however, the literature about the superintendency does not report that superintendents are risk takers. In fact, school administrators, at large, have never been portrayed as risk takers (Konnert & Gardner, 1987). In contrast, I found the theme of risk taking in the narratives of twelve women in a national study that I did between 1993–1997. The purpose of this article is to examine the practice of women superintendents in order to get a glimpse of what it takes for superintendents to be or to become risk takers. The study revealed that the women had life circumstances and personal characteristics that helped them to relax and take risks. There were two primary circumstances: (1) community, and (2) challenge; and two primary personal characteristics: (1) courage, and (2) curiosity. If risk taking is an important part of practice in the superintendency, then we would be well served to use the knowledge gained from examinations, like this study of women superintendents’ practices, that clearly identify what it takes to be a risk taker in the role.


2014 ◽  
Vol 115 (3) ◽  
pp. 932-947 ◽  
Author(s):  
Davide Ponzi ◽  
M. Claire Wilson ◽  
Dario Maestripieri

This study tested the hypotheses that eveningness is associated with higher risk-taking propensities across different domains of risk and that this association is not the result of sex differences or confounding covariation with particular personality traits. Study participants were 172 men and women between 20 and 40 years of age. Surveys assessed chronotype, domain-specific risk-taking and risk-perception, and Big Five personality dimensions. Eveningness was associated with greater general risk-taking in the specific domains of financial, ethical, and recreational decision making. Although risk-taking was associated with both risk perception and some personality dimensions, eveningness predicted risk-taking independent of these factors. Higher risk-taking propensities among evening types may be causally or functionally linked to their propensities for sensation- and novelty-seeking, impulsivity, and sexual promiscuity.


2020 ◽  
Author(s):  
James Wages ◽  
Sylvia Perry ◽  
Allison Skinner ◽  
Galen Von Bodenhausen

Who do people view as the risk-takers of society? Given that risk permeates everyday decision-making, understanding whether people mentally associate risk-taking with social groups is a valuable yet unexplored question. We propose that the concept of risk-taking connotes gendered race associations. With four experiments (N = 1404, mostly White Americans), we test whether gendered race stereotypes are conceptually associated with risk-takers, broadly construed, as well as with reckless versus responsible prototypes of risk-takers. We find that people perceive Black men as more masculine than White men, and therefore, more willing to take risks (Study 1). We further find that people envision reckless risk-takers as more stereotypically Black and masculine (and less White and feminine) than responsible risk-takers in trait attributions (Studies 2-3) and mental images constructed with the reverse correlation task (Study 3). Finally, when provided an opportunity to invest real money that could be tripled or lost, we find that people financially discriminate against reckless risk-takers in favor of responsible risk-takers (Study 4). Findings suggest that gendered race stereotypes and risk-taker prototypes are conceptually intertwined and consequential.


2019 ◽  
Vol 40 (6) ◽  
pp. 772-788
Author(s):  
Taylor Heffer ◽  
Breanne Wylie ◽  
Teena Willoughby

Adolescence is a sensitive period for taking risks, yet research has not investigated whether adolescents who engage in risk-taking actually perceive themselves to be risk-takers. In the current study, students (Grade: 6-8, N = 437) reported on their frequency of risk-taking and perceptions of themselves as risk-takers, forming four groups of interest (aware risk-takers, unaware risk-takers, aware non-risk-takers, unaware non-risk-takers). We also investigated whether these groups were associated with engagement in certain types of risks. Overall, low-risk-takers had more accurate self-perceptions (i.e., greater awareness) compared with high risk-takers. Of concern, unaware high risk-takers engaged in more rule-breaking and adventurous risks compared with non-risk-takers, though they did not consider themselves to be risk-takers. It is possible that this group of adolescents may be less receptive to educational practices that target high risk-takers given that they do not consider themselves to be a risk-taker.


2005 ◽  
Vol 26 (4) ◽  
pp. 176-184 ◽  
Author(s):  
Adrian Furnham ◽  
Tomas Chamorro-Premuzic

Abstract. This study examines the relationship between students' personality and intelligence scores with their preferences for the personality profile of their lecturers. Student ratings (N = 136) of 30 lecturer trait characteristics were coded into an internally reliable Big Five taxonomy ( Costa & McCrae, 1992 ). Descriptive statistics showed that, overall, students tended to prefer conscientious, open, and stable lecturers, though correlations revealed that these preferences were largely a function of students' own personality traits. Thus, open students preferred open lecturers, while agreeable students preferred agreeable lecturers. There was evidence of a similarity effect for both Agreeableness and Openness. In addition, less intelligent students were more likely to prefer agreeable lecturers than their more intelligent counterparts were. A series of regressions showed that individual differences are particularly good predictors of preferences for agreeable lecturers, and modest, albeit significant, predictors of preferences for open and neurotic lecturers. Educational and vocational implications are considered.


Author(s):  
Ree M. Meertens ◽  
René Lion

2011 ◽  
Author(s):  
Amanda Kelley ◽  
Jeremy R. Athy ◽  
Timothy H. Cho ◽  
Brad Erickson ◽  
Melody King ◽  
...  

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