The DOI matches its Crossref record; 31 of the 31 references it cites were found in a registry or an index.
Cross‐Cultural Differences in Risk Perception: A Model‐Based Approach
Abstract
The present study assessed cross‐cultural differences in the perception of financial risks. Students at large universities in Hong Kong, Taiwan, the Netherlands, and the U.S., as well as a group of Taiwanese security analysts rated the riskiness of a set of monetary lotteries. Risk judgments differed with nationality, but not with occupation (students vs. security analysts) and were modeled by the Conjoint Expected Risk (CER) model.(1) Consistent with cultural differences in country uncertainty avoidance,(2) CER model parameters of respondents from the two Western countries differed from those of respondents from the two countries with Chinese cultural roots: The risk judgments of respondents from Hong Kong and Taiwan were more sensitive to the magnitude of potential losses and less mitigated by the probability of positive outcomes.
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Cites
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Self-citationApproximating Expected Utility by a Function of Mean and Variance
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Self-citationThe influence of culture on visual perception
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Cited by
A domain‐specific risk‐attitude scale: measuring risk perceptions and risk behaviors
Weber, E. U., Blais, A., & Betz, N. E. (2002) · Journal of Behavioral Decision Making · doi:10.1002/bdm.414 · Cited by 2,936
Self-citationLee, M.-C. (2009) · Electronic Commerce Research and Applications · doi:10.1016/j.elerap.2008.11.006 · Cited by 2,037
A Domain-Specific Risk-Taking (DOSPERT) scale for adult populations
Blais, A.-R., & Weber, E. U. (2006) · Judgment and Decision Making · doi:10.1017/s1930297500000334 · Cited by 1,286
Self-citationDessart, F. J., Barreiro-Hurlé, J., & van Bavel, R. (2019) · European Review of Agricultural Economics · doi:10.1093/erae/jbz019 · Cited by 1,050
Risky business: the neuroeconomics of decision making under uncertainty
Platt, M. L., & Huettel, S. A. (2008) · Nature Neuroscience · doi:10.1038/nn2062 · Cited by 556
Metadata
- Authors
- Bontempo, R. N., Bottom, W. P., & Weber, E. U.
- Venue
- Risk Analysis
- Publisher
- Wiley
- Published
- 1997-08
- Volume
- 17
- Issue
- 4
- Pages
- 479-488
- ISSN
- 0272-4332 (ISSN-L)
- 1539-6924
- OpenAlex
- W2074982085
- Cited by
- 288
- References
- 31
- FWCI
- 3.40
- Type
- journal article
- Language
- en
- Open access
- closed
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.