Anxiety, competition and risk taking

Abstract

In this paper we demonstrate that individual personality attributes, particularly anxiety and confidence, have an impact on decision risk behavior, a topic that has rarely been explored within the risk literature despite its theoretical and practical importance. We also show that decision context moderates the relationship between individual personality attributes and risk taking. Confidence positively affects risk taking behavior in both non-competitive and competitive contexts, while anxiety negatively affects risk taking in a non-competitive context but positively affects risk taking behavior in a competitive context. The findings point to the importance of both individual and situational factors in affecting risk taking behavior.

What is available here

• slides.pdf Slides (PDF) for the occassional presentation I make of this material.
  [Last modified: Friday, 12-Nov-2004 18:48:39 EST; 275K]
• Draft of the paper
  [Last modified: Wednesday, 10-Nov-2004 19:21:02 EST; 105K]

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Version: $Revision: 1.4 $
Last Modified: $Date: 2005/10/07 18:31:39 $ GMT
First established, October, 2004
Author: Lívia Markóczy