The S-shape prospect theory suggests that the decision maker will be risk averse above the reference point and risk seeking
Choosing A in Problem 3 shows risk seeking
behavior while choosing B signals risk aversion.
The pursuit of market opportunities in an uncertain context by Technico cannot be simply viewed as an exercise in risk tolerance or risk seeking
, although mitigation of some of its perceived risks--accommodation--helped Technico in acclimatising to the uncertainties of the Chinese context.
From these responses, Khaneman and Teversky conclude that people act as if they are risk averse when only gains are involved, but become risk seeking
when they perceive themselves to be facing the possibility of loss.
First, an aggressive, risk seeking
approach to managing business risks can lead to increased liability judgments and settlements, impairing profitability for the firm at best, and to dissolution (as in the case of Arthur Andersen) at worst.
This 6-item scale was designed specifically to measure risk seeking
and aversion with regard to investment.
Risk managers must develop new models and tools that take into account the shortcomings of human rationality and biases that tend to outcomes that are overly risk averse or risk seeking
It further posits that consumers are risk seeking
for losses (below the reference point) and risk-averse for gains (above the reference point).
Denouncing widely accepted principles in favor of lifestyle changes especially tailored for optimum heart health, The Doctor's Heart Cure offers a refreshing counter-point view and is especially recommended for those with a heart at risk seeking
to gather all the information they can on their own in addition to consulting with a physician in person.
In the past, this tendency towards risk seeking
has helped to lay groundwork for a credit crisis, given that many of the investments in the region that were thought to be economic turned out not to be.
The local authority continues to search for one company to move on to the land rather than risk seeking
a change of planning consent to enable several smaller firms to move to Peddimore.
An analysis of the study found that alcohol worked in combination with a number of other factors, such as peer pressure and risk seeking
, to encourage early sexual experimentation, David M.