TY - JOUR
PY - 2016//
TI - The relative state model: integrating need-based and ability-based pathways to risk-taking
JO - Personality and social psychology review
A1 - Mishra, Sandeep
A1 - Barclay, Pat
A1 - Sparks, Adam
SP - 176
EP - 198
VL - 21
IS - 2
N2 - Who takes risks, and why? Does risk-taking in one context predict risk-taking in other contexts? We seek to address these questions by considering two non-independent pathways to risk: need-based and ability-based. The need-based pathway suggests that risk-taking is a product of competitive disadvantage consistent with risk-sensitivity theory. The ability-based pathway suggests that people engage in risk-taking when they possess abilities or traits that increase the probability of successful risk-taking, the expected value of the risky behavior itself, and/or have signaling value. We provide a conceptual model of decision-making under risk-the relative state model-that integrates both pathways and explicates how situational and embodied factors influence the estimated costs and benefits of risk-taking in different contexts. This model may help to reconcile long-standing disagreements and issues regarding the etiology of risk-taking, such as the domain-generality versus domain-specificity of risk or differential engagement in antisocial and non-antisocial risk-taking.
© 2016 by the Society for Personality and Social Psychology, Inc.
Language: en
LA - en SN - 1088-8683 UR - http://dx.doi.org/10.1177/1088868316644094 ID - ref1 ER -