Cross-cultural decision making : risk-taking behavior and predictions of others' risk preferences.

• Main Authors: Chiang, Yan Sing., Loh, Larry Tuck Chong., Tan, Yin Fern.
• Other Authors: Li, Shu
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Business::General::Social aspects
• Online Access: http://hdl.handle.net/10356/11109
• Institution: Nanyang Technological University

This article examines firstly, risking taking behavior of people and secondly, how people predict others' risk preferences. It is found that different mechanisms are used in this two related but different fields of psychology. The 'equate-to-differentiate' theory is used to explain ri...