IDEAS home Printed from https://ideas.repec.org/a/igg/jban00/v5y2018i2p17-29.html
   My bibliography  Save this article

Exploration of Academic Risk Taking Among College Students

Author

Listed:
  • M. Keith Wright

    (University of Houston - Downtown, Houston, USA)

  • Utpal Bose

    (University of Houston - Downtown, Houston, USA)

  • Shohreh Hashemi

    (University of Houston – Downtown, Houston, USA)

  • Diana Pence

    (University of Houston – Downtown, Houston, USA)

Abstract

This article presents and experimentally tests a new method for measuring student risk preferences where monetary outcomes are not directly involved. The authors call this new method the Lazy Professor Risk Task (LPRT). This article compares the LPRT's results to popular conventional methods where monetary outcomes are involved. The results show that the new method is capable of producing consistent responses at approximately the same rate as comparable conventional methods. In addition, the method produced responses that were no noisier than conventional methods. It is hoped that future research can perfect this new method and use it to compare classroom risk taking to risk taking in other domains.

Suggested Citation

  • M. Keith Wright & Utpal Bose & Shohreh Hashemi & Diana Pence, 2018. "Exploration of Academic Risk Taking Among College Students," International Journal of Business Analytics (IJBAN), IGI Global, vol. 5(2), pages 17-29, April.
    • Handle: RePEc:igg:jban00:v:5:y:2018:i:2:p:17-29
    as

    Download full text from publisher

    File URL: http://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/IJBAN.2018040102
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:igg:jban00:v:5:y:2018:i:2:p:17-29. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Journal Editor (email available below). General contact details of provider: https://www.igi-global.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.