This is a sequel to an earlier report (Wilde, 1988b) on the development of experimental techniques for the measurement of risk-taking behaviour and the research questions that may be investigated with these techniques. Five related techniques are described. These involve psychomotor, psychophysical and cognitive (general information) tasks and allow separate and quantitaive measurement of skill and risk-taking tendency. All techniques are based on the premise that essentially all behaviour is risk-taking behaviour. Therefore, the challenge to psychometric measurement is to develop methods which allow calculation of the extent to which subjects, in their behaviour, take too little or too much risk or just the right amount of risk against a specified criterion of benefit maximization. (Author/publisher) For the covering abstract see IRRD 870346.
Samenvatting