Business scholars have found that our physical environment can influence us in a variety of surprising ways – including by prompting us to engage in riskier behavior depending on elevation.
People are bad at weighing risk, which is why so many Americans don’t get flu shots.
AP Photo/David Goldman
People have to make countless decisions on a daily basis that involve some degree of risk, from boarding a plane to crossing the street. The trouble is most of us don’t weigh risk well.
Just because everyone else is doing it…
Shane Pope
Adolescents have important developmental work to do. Despite what worried grownups think, taking needless risks isn’t the goal for teens. Being risky is part of exploring and learning about the world.
Behavioural economics is turning traditional notions of risk on their head.
EPA/AAP
People aren’t the perfectly rational, number-crunching risk-takers that traditional theory suggests. Research shows a whole variety of factors feed into risk-taking.
Is the financial system headed for another ‘Lehman moment’? Perhaps, but a bailout isn’t the solution. More capital is, something Trump should remember as he rewrites U.S. bank rules.
Bad leaders are bad news – for their followers and for the world as a whole.
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There’s a widening global crisis in the legitimacy and credibility of leadership. It can be attributed to five sources: unable; unintelligent; immature; immoral and/or destructive leadership.
Would a little extra pay make the Coyboys’ Demarco Murray more likely to take risks (like plowing headfirst into another player)? Would the threat of a fine deter him?
Reuters
In times of financial uncertainty and crisis, high stress reactions lead to traders becoming more risk averse, which drives pessimism and further falls in finance, according to a new study. This is because…