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Determinants of Risky Decision-Making Behavior: A Test of the Mediating Role of Risk Perceptions and Propensity

Sim B Sitkin and Laurie R. Weingart
The Academy of Management Journal
Vol. 38, No. 6 (Dec., 1995), pp. 1573-1592
Published by: Academy of Management
Stable URL: http://www.jstor.org/stable/256844
Page Count: 20
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Determinants of Risky Decision-Making Behavior: A Test of the Mediating Role of Risk Perceptions and Propensity
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Abstract

The reported research examined the usefulness of placing risk propensity and risk perception in a more central role in models of risky decision making than has been done previously. Specifically, this article reports on two studies that examined a model in which risk propensity and risk perception mediate the effects of problem framing and outcome history on risky decision-making behavior. Implications of the pattern of results for future research are discussed.

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