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Чувашская Республика
г.Чебоксары
ул.Гражданская, д.75
56.125001
47.208966

Risk and economic decision-making

Research Article
DOI: 10.21661/r-116776
Open Access
Monthly international scientific journal «Interactive science»
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Published in:
Monthly international scientific journal «Interactive science»
Author:
Patosha O.I. 1
Work direction:
Психология
Rating:
Article accesses:
3266
Published in:
doaj
eLibrary.ru
1 National Research University «Higher School of Economics»
For citation:
Patosha O. I. (2017). Risk and economic decision-making. Interactive science, 86-90. https://doi.org/10.21661/r-116776

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UDC 330.16

Abstract

The study examines the parameters of decision making among traders. The risk seeking is studied as professionally important criteria in this group. The aim of the research is to study peculiarities of traders’ decision-making, as well as to identify the characteristics of decision-making of risk-seeking traders. The study has been made based on 630 professional traders. As research methods, the author used specially developed technique according to the type of lottery, which revealed the following parameters of decisions – the tendency for risk-seeking and risk-avoid, a hypothetical benefit, the time to get benefit. The article has also studied the subjective success of traders and their socio-demographic characteristics. The result revealed that the most traders followed a combined strategy and relayed on their own experience. And the risk was associated with high rates of a hypothetical win, which was delayed in time.

Acknowledgments

Работа подготовлена при поддержке РГНФ №16-06-50137 «Оптимизм как фактор принятия экономических решений в условиях неопределенности».

References

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  2. 2. Петимко А.И. Основные направления и концепции исследований риска и современной состояние проблемы в психологии: Автореферат дис. / А.И. Петимко, В.Л. Зверев. – Санкт-Петербургский университет ГПС МЧС России, 2010.
  3. 3. Райзберг Б.А. Современный экономический словарь / Б.А. Райзберг. – М., 2007.
  4. 4. Barseghyan L., Molinari F., O’Donoghue T., Teitelbaum J.C. The Nature of Risk Preferences: Evidence from Insurance Choices. American economic review. 103 (6). – 2013.
  5. 5. Bougheas S., Nieboer J. and Sefton M. Risk-taking in social settings: Group and peer effects. – June 6, 2013.
  6. 6. Covello V.T., Mumpower J. Risk Analysis and Risk Management: An Historical Perspective // Risk Analysis. – Vol. 5. – No. 2. – 1985. – P. 103–120.

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