The role of perceived costs and perceived benefits in the relationship between personality and risk-related choices
This paper considers how perceptions of costs and benefits can influence the association between personality and risky choice behaviour. We assessed perceptions and behaviours in six domains (ethical; investment; gambling; health and safety; recreational; social) using the DOSPERT and measured personality using the NEO PI-R. Results from structural equation modelling showed that personality had a direct effect on risky choice behaviour in four domains (social, ethical, gambling and recreational risk-taking). In addition, perceived costs and benefits mediated the relations between personality and risk-taking in the five domains (social, ethical, gambling, recreational and investment risk-taking). Evidence for a mechanism that integrates both direct and indirect effects of personality on behaviour is discussed.
Year of publication: |
2010
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Authors: | Soane, Emma ; Dewberry, Chris ; Narendran, Sunitha |
Published in: |
Journal of Risk Research. - Taylor & Francis Journals, ISSN 1366-9877. - Vol. 13.2010, 3, p. 303-318
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Publisher: |
Taylor & Francis Journals |
Saved in:
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