Individual differences in risk-taking preference of undergraduate students

Duman E. A.

Bogazici Journal, cilt.34, sa.2, ss.177-192, 2021 (Scopus) identifier identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 34 Sayı: 2
  • Basım Tarihi: 2021
  • Doi Numarası: 10.21773/boun.34.2.5
  • Dergi Adı: Bogazici Journal
  • Derginin Tarandığı İndeksler: Scopus, ABI/INFORM, EconLit, Geobase, TR DİZİN (ULAKBİM)
  • Sayfa Sayıları: ss.177-192
  • Anahtar Kelimeler: Gender, Individual differences, Personality, Risk-taking, Undergraduate students
  • Acıbadem Mehmet Ali Aydınlar Üniversitesi Adresli: Hayır

Özet

Risk-taking preference is an important contributor to undergraduates' decisions and behavior. This study aims to explore the associations between risk-taking preference and demographic factors and psychological traits. Undergraduates from Bogazici University (N=177, 42% female) completed questionnaires during a lab session. Risk-taking preference was measured by a well-established general risk question. The results showed that individuals who are older, male, and have higher income exhibit higher risk-taking preference. Furthermore, those with higher extraversion, agreeableness, openness and self-esteem, and with lower neuroticism and trait anxiety, had higher risk-taking preference. Gender differences among these associations and implications for students' behavior is discussed.