Structure of the Dospert: Is There Evidence for a General Risk Factor?

The Domain‐specific Risk‐taking scale was designed to assess risk taking in specific domains. This approach is unconventional in personality assessment but reflects conventional wisdom in the decision community that cross‐situational consistency in risk taking is more myth than reality. We applied b...

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Bibliographic Details
Published inJournal of behavioral decision making Vol. 30; no. 2; pp. 400 - 406
Main Authors Highhouse, Scott, Nye, Christopher D., Zhang, Don C., Rada, Thaddeus B.
Format Journal Article
LanguageEnglish
Published Chichester Wiley Periodicals Inc 01.04.2017
Subjects
bifactor analysis
Decision making
DOSPERT
personality
Risk
risk taking
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Summary:The Domain‐specific Risk‐taking scale was designed to assess risk taking in specific domains. This approach is unconventional in personality assessment but reflects conventional wisdom in the decision community that cross‐situational consistency in risk taking is more myth than reality. We applied bifactor analysis to a large sample (n = 921) of responses to the Domain‐specific Risk Taking. Results showed that, in addition to domain‐specific facets, there does appear to be evidence for a general risk‐taking disposition. And this general appetite for risk appears to be useful for predicting real‐world outcomes. Copyright © 2016 John Wiley & Sons, Ltd.
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ISSN:0894-3257
1099-0771
DOI:10.1002/bdm.1953