Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7340715 | Advances in Accounting | 2012 | 11 Pages |
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
Authors
Govind Iyer, Deborah McBride, Philip Reckers,