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Risk Taking on Objective Examinations1:

Risk Taking on Objective Examinations1: MALCOLM J. SLAKTER State University of New York at Buffalo In many instances an individual is faced with a set of actions, each of which is associated with a stake to be lost if the action taken is un­ successful and a prize to be won if the action taken is successful. By some decision process the individual must select a single action from the entire set of possible actions. This process of selection is no doubt a highly complex one, and may differ not only for various individuals at the same time, but also for the same individual at different times. One variable conjectured as entering into this selection process is the presumed trait of risk taking. Recently, risk taking has become an in­ creasingly important variable in educational and psychological research. Indeed, a book by Kogan and Wallach (1964) is devoted entirely to risk taking and its relation to motivation, personality, intelligence, etc. Experimental studies of risk-taking propensities have differed with respect to such variables as skill task versus chance task, subjective probabilities versus objective probabilities, and the nature of the stake and prize. Although the latter variable would seem to be a crucial one, stakes and http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png American Educational Research Journal SAGE

Risk Taking on Objective Examinations1:

Slakter, Malcolm J.
American Educational Research Journal , Volume 4 (1): 13 – Jun 24, 2016
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References (20)

Publisher
SAGE
Copyright
Copyright © 2019 by American Educational Research Association
ISSN
0002-8312
eISSN
1935-1011
DOI
10.3102/00028312004001031
Publisher site
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Abstract

MALCOLM J. SLAKTER State University of New York at Buffalo In many instances an individual is faced with a set of actions, each of which is associated with a stake to be lost if the action taken is un­ successful and a prize to be won if the action taken is successful. By some decision process the individual must select a single action from the entire set of possible actions. This process of selection is no doubt a highly complex one, and may differ not only for various individuals at the same time, but also for the same individual at different times. One variable conjectured as entering into this selection process is the presumed trait of risk taking. Recently, risk taking has become an in­ creasingly important variable in educational and psychological research. Indeed, a book by Kogan and Wallach (1964) is devoted entirely to risk taking and its relation to motivation, personality, intelligence, etc. Experimental studies of risk-taking propensities have differed with respect to such variables as skill task versus chance task, subjective probabilities versus objective probabilities, and the nature of the stake and prize. Although the latter variable would seem to be a crucial one, stakes and

Journal

American Educational Research Journal – SAGE

Published: Jun 24, 2016

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