How decision-makers’ sense and state of power induce propensity to take financial risks

نویسندگان

چکیده

We present two studies (N1 = 104, and N2 359) investigating how sense of power (trait) state affect participants’ risky financial decisions in the domains investment gambling. Moreover, we explored whether a situationally induced moderates relationship between propensity to take risks. The demonstrated that level was positively associated with riskiness portfolios gambling choices. A similar pattern observed when power/powerlessness induced: participants high-power conditions took greater risks than did those low-power conditions. Importantly, found an interaction trait power. For condition, there positive In contrast, no such for condition.

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ژورنال

عنوان ژورنال: Journal of Economic Psychology

سال: 2022

ISSN: ['0167-4870', '1872-7719']

DOI: https://doi.org/10.1016/j.joep.2021.102474