Article ID Journal Published Year Pages File Type
7340715 Advances in Accounting 2012 11 Pages PDF
Abstract
In this study we examine whether a decision aid is an effective means of reducing risk aversion within a capital investment decision context, and under what conditions. Participating in the experiment were 78 working adults (mid management) with a mean age 30 and enrolled in a leading U.S. MBA program. We predict and find that a decision aid will be most effective among individuals intolerance of ambiguity and exhibiting high negative affect.
Related Topics
Social Sciences and Humanities Business, Management and Accounting Accounting
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