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Canale, N, Vieno, A, Lenzi, M, Griffiths, MD 
ORCID: https://orcid.org/0000-0001-8880-6524, Perkins, DD and Santinello, M,
2018.
Cross-national differences in risk preference and individual deprivation: a large-scale empirical study.
Personality and Individual Differences: the Official Journal of the International Society for the Study of Individual Differences (ISSID), 126, pp. 52-60.
ISSN 0191-8869
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Abstract
Although risk-taking has been found to be associated with economic deprivation, there is little evidence on whether the relation between individual deprivation and propensity for risk-taking is inherent to all individuals, or varies across cultural contexts. Consequently, the present study investigated the interaction effects of macroeconomic factors [Gross Domestic Product (GDP) per capita and Human Development Index (HDI)] in the relationship between individual deprivation and propensity for risk-taking using the World Values Survey data from 58 countries (N = 87,223). On average, individuals in more developed countries (higher HDI) had less propensity for risk-taking. In contradiction to this, the positive association between individual deprivation and risk-taking was stronger in countries with higher GDP per capita. The present study suggests that the association between individual deprivation and propensity for risk-taking varies with environmental variables assessing the socio-economic development of a country.
| Item Type: | Journal article |
|---|---|
| Publication Title: | Personality and Individual Differences: the Official Journal of the International Society for the Study of Individual Differences (ISSID) |
| Creators: | Canale, N., Vieno, A., Lenzi, M., Griffiths, M.D., Perkins, D.D. and Santinello, M. |
| Publisher: | Elsevier Ltd. |
| Date: | 1 May 2018 |
| Volume: | 126 |
| ISSN: | 0191-8869 |
| Identifiers: | Number Type 10.1016/j.paid.2018.01.006 DOI S0191886918300060 Publisher Item Identifier |
| Divisions: | Schools > School of Social Sciences |
| Record created by: | Jill Tomkinson |
| Date Added: | 09 Feb 2018 12:01 |
| Last Modified: | 02 Feb 2020 03:00 |
| URI: | https://irep.ntu.ac.uk/id/eprint/32655 |
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