Past psychology research suggests that some people are more prone than others to take risks in uncertain situations, such as investing money in risky business ventures, consuming addictive substances or leaving a secure job without any sure alternative prospects. Over the past decades, psychologists and behavioral scientists have been trying to understand the extent to which people’s willingness to take risks (i.e., risk preference) is stable and coherent, which means that it tends to remain consistent over time and across different contexts.
This article was originally published on MedicalXpress.com
