Development and validation of the General Risk Propensity Scale (GRiPS)

• Published in: Journal of behavioral decision making Vol. 32; no. 2; pp. 152 - 167
• Main Authors: Zhang, Don C., Highhouse, Scott, Nye, Christopher D.
• Format: Journal Article
• Language: English
• Published: Chichester Wiley Periodicals Inc 01.04.2019
• Subjects: Behavior; Decision making; DOSPERT; Economists; individual differences; Measurement; Personality; Psychologists; Risk; risk propensity; Risk taking; scale development; Validity

Despite the widespread interest in understanding and identifying risk takers by psychologists, clinicians, and economists, the risk literature currently lacks consensus regarding the nature of risk taking and its measurement. Existing measures of risk taking are predominantly domain‐specific despite...