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Manifest anxiety, general self-efficacy and locus of control as determinants of personal and general risk perception

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  • Hakan Kallmen

Abstract

The hypothesis that risk perception is associated with differences in personality was proposed. Three personality variables were used, Rotter's Internal vs External Locus of Control Scale, Schwarzer's General Self-efficacy Scale and Taylor's Manifest Anxiety Scale. A scale asking for personal and general risk perception measured perceived risk. It was proposed that individuals low in anxiety, having an internal locus of control and high in self-efficacy should perceive general risks and personal risks higher than individuals high in anxiety and low in self-efficacy and having external locus of control should do. Fifty-nine business students responded to these three scales. The hypothesis was supported by the results and suggested that the personality measures and particularly anxiety were significantly associated to both personal and general risk perceptions.

Suggested Citation

  • Hakan Kallmen, 2000. "Manifest anxiety, general self-efficacy and locus of control as determinants of personal and general risk perception," Journal of Risk Research, Taylor & Francis Journals, vol. 3(2), pages 111-120.
    • Handle: RePEc:taf:jriskr:v:3:y:2000:i:2:p:111-120
    DOI: 10.1080/136698700376626
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    Cited by:

    1. Yoshihiko Kadoya & Mostafa Saidur Rahim Khan, 2018. "Can financial literacy reduce anxiety about life in old age?," Journal of Risk Research, Taylor & Francis Journals, vol. 21(12), pages 1533-1550, December.
    2. Pierluigi Diotaiuti & Giuseppe Valente & Stefania Mancone & Lavinia Falese & Fernando Bellizzi & Daniela Anastasi & Elisa Langiano & Fábio Hech Dominski & Alexandro Andrade, 2021. "Perception of Risk, Self-Efficacy and Social Trust during the Diffusion of Covid-19 in Italy," IJERPH, MDPI, vol. 18(7), pages 1-17, March.
    3. Salamanca, Nicolás & de Grip, Andries & Fouarge, Didier & Montizaan, Raymond, 2020. "Locus of control and investment in risky assets," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 548-568.
    4. Andrea Guazzini & Andrea Pesce & Lorena Marotta & Mirko Duradoni, 2022. "Through the Second Wave: Analysis of the Psychological and Perceptive Changes in the Italian Population during the COVID-19 Pandemic," IJERPH, MDPI, vol. 19(3), pages 1-12, January.
    5. Jonas Eduardsen & Svetla Marinova, 2016. "Decision-makers' risk perception in the internationalisation of small and medium-sized firms," International Journal of Export Marketing, Inderscience Enterprises Ltd, vol. 1(1), pages 4-26.

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