INDIVIDUAL DIFFERENCES IN RISK TAKING.
YALE UNIV NEW HAVEN DEPT OF PSYCHOLOGY
Pagination or Media Count:
This study explored the relation of certain individual differences in personality and motivation to individual differences in risk taking, and examined changes in these relations as a function of variations in the risk-taking situation. Ss were 72 male 12th grade high school students half had grades which were low LA, and the other half, grades which were high HA, with respect to their IQs. All Ss shot at a target with a light gun. Each S stood as far from the target as he chose. All Ss served under both a reward and a no-reward condition. Half were tested individually and half in groups of two or three. HA preferred intermediate risks. When LA were tested individually, they preferred small risks when tested in groups, they preferred large risks. The effect of reward was not as clear. All Ss were also asked to choose among bets of equal expected value those that they would prefer playing. LA chose more often than HA the bets involving less risk. Author