Peer reviewedERIC Number: EJ442360
Record Type: Journal
Publication Date: 1992
Pages: N/A
Abstractor: N/A
ISBN: N/A
ISSN: ISSN-0033-295X
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Available Date: N/A
Variable Risk Preferences and the Focus of Attention.
March, James G.; Shapira, Zur
Psychological Review, v99 n1 p172-83 Jan 1992
Random-walk conceptions of performance, aspirations, and risk preferences are used to model a pattern of risk taking responsive to a risk taker's changing fortune. The impact of adaptive aspirations and attention focus on risk taking over time is explored for cohorts and a renewing population of risk takers. (SLD)
Descriptors: Aspiration, Attention, Behavior Patterns, Change, Decision Making, Models, Performance, Predictive Measurement, Probability, Risk
Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
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Authoring Institution: N/A
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Author Affiliations: N/A
