A Domain-Specific Risk-Taking (DOSPERT) scale for adult populations

This paper proposes a revised version of the original Domain-Specific Risk-Taking (DOSPERT) scale developed by Weber, Blais, and Betz (2002) that is shorter and applicable to a {broader range of ages, cultures, and educational levels}. It also provides a French translation of the revised scale. Usin...

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Main Authors: Ann-Renée Blais, Elke U. Weber
Format: Article
Language:English
Published: Cambridge University Press 2006-07-01
Series:Judgment and Decision Making
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S1930297500000334/type/journal_article
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author Ann-Renée Blais
Elke U. Weber
author_facet Ann-Renée Blais
Elke U. Weber
author_sort Ann-Renée Blais
collection DOAJ
description This paper proposes a revised version of the original Domain-Specific Risk-Taking (DOSPERT) scale developed by Weber, Blais, and Betz (2002) that is shorter and applicable to a {broader range of ages, cultures, and educational levels}. It also provides a French translation of the revised scale. Using multilevel modeling, we investigated the risk-return relationship between apparent risk taking and risk perception in 5 risk domains. The results replicate previously noted differences in reported degree of risk taking and risk perception at the mean level of analysis. The multilevel modeling shows, more interestingly, that within-participants variation in risk taking across the 5 content domains of the scale was about 7 times as large as between-participants variation. We discuss the implications of our findings in terms of the person-situation debate related to risk attitude as a stable trait.
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spelling doaj.art-e804642faa7a4c8ab418e873a160adc72023-09-03T14:02:43ZengCambridge University PressJudgment and Decision Making1930-29752006-07-011334710.1017/S1930297500000334A Domain-Specific Risk-Taking (DOSPERT) scale for adult populationsAnn-Renée Blais0Elke U. Weber1Defence Research and Development Canada Toronto, Toronto, Ontario, CanadaCenter for the Decision Sciences, Columbia UniversityThis paper proposes a revised version of the original Domain-Specific Risk-Taking (DOSPERT) scale developed by Weber, Blais, and Betz (2002) that is shorter and applicable to a {broader range of ages, cultures, and educational levels}. It also provides a French translation of the revised scale. Using multilevel modeling, we investigated the risk-return relationship between apparent risk taking and risk perception in 5 risk domains. The results replicate previously noted differences in reported degree of risk taking and risk perception at the mean level of analysis. The multilevel modeling shows, more interestingly, that within-participants variation in risk taking across the 5 content domains of the scale was about 7 times as large as between-participants variation. We discuss the implications of our findings in terms of the person-situation debate related to risk attitude as a stable trait.https://www.cambridge.org/core/product/identifier/S1930297500000334/type/journal_articlerisk attituderisk perceptionrisk takingpersonalitypsychometric scale
spellingShingle Ann-Renée Blais
Elke U. Weber
A Domain-Specific Risk-Taking (DOSPERT) scale for adult populations
Judgment and Decision Making
risk attitude
risk perception
risk taking
personality
psychometric scale
title A Domain-Specific Risk-Taking (DOSPERT) scale for adult populations
title_full A Domain-Specific Risk-Taking (DOSPERT) scale for adult populations
title_fullStr A Domain-Specific Risk-Taking (DOSPERT) scale for adult populations
title_full_unstemmed A Domain-Specific Risk-Taking (DOSPERT) scale for adult populations
title_short A Domain-Specific Risk-Taking (DOSPERT) scale for adult populations
title_sort domain specific risk taking dospert scale for adult populations
topic risk attitude
risk perception
risk taking
personality
psychometric scale
url https://www.cambridge.org/core/product/identifier/S1930297500000334/type/journal_article
work_keys_str_mv AT annreneeblais adomainspecificrisktakingdospertscaleforadultpopulations
AT elkeuweber adomainspecificrisktakingdospertscaleforadultpopulations
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