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  • 1.  Risk aversion measurement

    Posted 05-23-2009 13:26
    Hello All,
     
    I have been having some trouble finding validaded instruments measuring generalized risk-aversion.  I know the literature has often used decision making scenarios in the behavioral-experimental style to assess risk aversion, but I was wondering if any of you know of scale-type measures of this construct.  
     
    Thanks!
     
    Gazi Islam
    Associate Professor
    Insper Institute of Education and Research
     

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  • 2.  Risk aversion measurement

    Posted 05-24-2009 09:41
    Hi Gazi,

    You could consider using the Cable & Judge (1994) measure of risk aversion or use a portion of the Jackson Personality Index (JPI) to assess risk aversion. It is my understanding that the JPI is not free (you have to pay to use it). I have used the Cable and Judge measure and found it very helpful. It is an eight item measure of risk aversion, which is based on original scales developed by Slovic (1972) and Gomez-Mejia and Balkin (1989). Here is the reference for the measure:

    Cable, D.M., T.A. Judge. 1994. Pay preferences and job search decisions: A person-organization perspective. Personnel Psych. 47 317-348.

    Good luck!
    Sreedhari

    Sreedhari Desai
    Ph.D. Candidate in Organizational Behavior
    Department of Management
    David Eccles School of Business
    University of Utah


    ________________________________________
    From: Organizational Behavior Division Listserv [OB@AOMLISTS.PACE.EDU] On Behalf Of Gazi Islam [gazifunk@HOTMAIL.COM]
    Sent: Saturday, May 23, 2009 11:26 AM
    To: OB@AOMLISTS.PACE.EDU
    Subject: [OB-LIST] Risk aversion measurement

    Hello All,

    I have been having some trouble finding validaded instruments measuring generalized risk-aversion. I know the literature has often used decision making scenarios in the behavioral-experimental style to assess risk aversion, but I was wondering if any of you know of scale-type measures of this construct.

    Thanks!

    Gazi Islam
    Associate Professor
    Insper Institute of Education and Research


    ________________________________
    Vous voulez savoir ce que vous pouvez faire avec le nouveau Windows Live ? Lancez-vous !<http://www.microsoft.com/windows/windowslive/default.aspx>


  • 3.  Risk aversion measurement

    Posted 05-24-2009 14:57

    Dear Gazi,

     

    Please check the following references where there is a scale which measures risk-aversion

     

    Cable, D. M., & Judge, T. A. (1994). PAY PREFERENCES AND JOB SE<st1:stockticker>ARCH</st1:stockticker> DECISIONS: A PERSON-O<st1:stockticker>RGA</st1:stockticker>NIZATION FIT PERSPECTIVE. Personnel Psychology, 47(2), 317-348.

    Judge, T. A., Thoresen, C. J., Pucik, V., & Welbourne, T. M. (1999). Managerial Coping With Organizational Change: A Dispositional Perspective. Journal of Applied Psychology, 84(1), 107-122.

     

    Hope you find them useful

    Maria

     

     

    ______________________________________

     

    <st1:personname>Maria Vakola</st1:personname>, PhD

    Assistant Professor in HRM and <st1:place>OB</st1:place>

    Department of Marketing and Business Communication

    <st1:place><st1:placename>Athens</st1:placename> <st1:placetype>University</st1:placetype></st1:place> of Economics and Business

    Derigny 12, PC: 104 34

    Tel: +30 210 8203 417

    http://www.mbc.aueb.gr/

    http://hrm-in-greece.blogspot.com/

     

     

    -----Original Message-----
    From: Organizational Behavior Division Listserv [mailto:OB@AOMLISTS.PACE.EDU] On Behalf Of Gazi Islam
    Sent:     <st1:date month="5" day="23" year="2009">Saturday, May 23, 2009</st1:date> <st1:time hour="20" minute="26">8:26 PM</st1:time>
    To: OB@AOMLISTS.PACE.EDU
    Subject: [OB-LIST] Risk aversion measurement

     

    Hello All,
     
    I have been having some trouble finding validaded instruments measuring generalized risk-aversion.  I know the literature has often used decision making scenarios in the behavioral-experimental style to assess risk aversion, but I was wondering if any of you know of scale-type measures of this construct.  
     
    Thanks!
     
    Gazi Islam
    Associate Professor
    Insper Institute of Education and Research
     

    Vous voulez savoir ce que vous pouvez faire avec le nouveau Windows Live ? Lancez-vous !

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