Risk Assessment Essay
DOSPERT
Domain-Specific Risk Taking
Weber, Blais, Betz (2002), Journal of Behavioral Decision Making
Risk Taking Scale
For each of the following statements, please indicate your likelihood of engaging in each activity or behavior. Provide a rating from 1 to 5, using the following scale:
________________________________________________________
1 2 3 4 5
Very Unlikely Not sure Likely Very
unlikely likely
1. Admitting that your tastes are different from those of your friends. (S) _____
2. Going camping in the wilderness, beyond the civilization of a campground. (R) _____
3. Betting a day’s income at the horse races. (G) _____
4. Buying an illegal drug for your own use. (H) _____
5. Cheating on an exam. (E) _____
6. Chasing a tornado or hurricane by car to take dramatic photos. (R) _____
7. Investing 10% of your annual income in a moderate growth mutual fund. (I) _____
8. Consuming five or more servings of alcohol in a single evening. (H) _____
9. Cheating by a significant amount on your income tax return. (E) _____
10. Disagreeing with your father on a major issue. (S) _____
11. Betting a day’s income at a high stake poker game. (G) _____
12. Having an affair with a married man or woman. (E) _____
13. Forging somebody’s signature. (E) _____
14. Passing off somebody else’s work as your own. (E) _____
15. Going on a vacation in a third-world country without prearranged travel and hotel accommodations. (R) _____
16. Arguing with a friend about an issue on which he or she has a very different opinion. (S) _____
17. Going down a ski run that is beyond your ability or closed. (R) _____
18. Investing 5% of your annual income in a very speculative stock. (I) _____
19. Approaching your boss to ask for a raise. (S) _____
20. Illegally copying a piece of software. (E) _____
21. Going whitewater rafting during rapid water flows in the spring. (R) _____
22. Betting a day’s income on the outcome of a sporting event (e.g. baseball, soccer, or football). (G) _____
23. Telling a friend if his or her significant other has made a pass at you. (S) _____
24. Investing 5% of your annual income in a conservative stock. (I) _____
25. Shoplifting a small item (e.g. a lipstick or a pen). (E) _____
26. Wearing provocative or unconventional clothes on occasion. (S) _____
27. Engaging in unprotected sex. (H) _____
28. Stealing an additional TV cable connection off the one you pay for. (E) _____
29. Not wearing a seatbelt when being a passenger in the front seat. (H) _____
30. Investing 10% of your annual income in government bonds (treasury bills). (I) _____
31. Periodically engaging in a dangerous sport (e.g. mountain climbing or sky diving). (R) _____
32. Not wearing a helmet when riding a motorcycle. (H) _____
33. Gambling a week’s income at a casino. (G) _____
34. Taking a job that you enjoy over one that is prestigious but less enjoyable. (S) _____
35. Defending an unpopular issue that you believe in at a social occasion. (S) _____
36. Exposing yourself to the sun without using sunscreen. (H) _____
37. Trying out bungee jumping at least once. (R) _____
38. Piloting your own small plane, if you could. (R) _____
39. Walking home alone at night in a somewhat unsafe area of town. (H) _____
40. Regularly eating high cholesterol foods. (H) _____
Note. E = Ethical, F = Financial, H/S = Health/Safety, R = Recreational, and S = Social.
Total your score for each area and list below.
_____ _____ _____ _____ _____
E F H/S R S
Risk Perception Scale
People often see some risk in situations that contain uncertainty about what the outcome or consequences will be and for which there is the possibility of negative consequences. However, riskiness is a very personal and intuitive notion, and we are interested in your gut level assessment of how risky each situation or behavior is.
For each of the following statements, please indicate how risky you perceive each situation. Provide a rating from 1 to 5, using the following scale:
__________________________________________________________
1 2 3 4 5
Not at all Moderately Extremely risky
risky risky
Expected Benefits Scale
For each of the following statements, please indicate the benefits you would obtain from each situation. Provide a rating from 1 to 5, using the following scale:
________________________________________________
1 2 3 4 5
No benefits Moderate Great benefits
at all benefits