Risk, decision frames, and experience: impact and relationships in a military setting
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Author
Hayden, Douglas C.
Thomas, James W.
Date
1982-12Advisor
Eoyang, C.
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Show full item recordAbstract
This research effort was designed to examine Army Officers' preference
for risk in a variety of military decision-making environments. A
questionnaire was developed to elicite an officer's general preference
for risk in three areas of decision; combat, finance, and career settings.
This survey was administered to approximately 300 Army Officers representing
a broad cross-section of the Army population.
It was hypothesized that Army Officers would shift their preference
for risk on the basis of the decision frame they faced and that some systematic
differences between ranks and other distinguishing demographic
variables would be evident. The general results support the conclusion
that Army Officers are more risk aggressive in combat decisions than in
finance decisions. In addition, there is evidence that there is a tendency
for senior officers to be relatively more risk aggressive than junior
officers. This indicates that the military promotion and reward system
may have a preference for the risk seeker over the risk averse officer.
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This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.Collections
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