Podcast
Questions and Answers
Which factor primarily influences a person's decision to undertake a challenging task?
Which factor primarily influences a person's decision to undertake a challenging task?
- Past experiences of success or failure (correct)
- External rewards and recognition
- The availability of resources
- The opinions of peers
What is one common misconception about risk-taking behavior?
What is one common misconception about risk-taking behavior?
- It cannot be learned or improved
- It is solely motivated by the desire for reward (correct)
- It has no link to emotional states
- It is always rational and calculated
In what scenario might a person be less likely to take risks?
In what scenario might a person be less likely to take risks?
- When they feel adequately prepared
- When surrounded by supportive friends
- When they have previously faced severe consequences (correct)
- When receiving positive feedback from others
How can anxiety affect a person's decision-making process regarding risks?
How can anxiety affect a person's decision-making process regarding risks?
What role does self-efficacy play in a person's willingness to engage in risk-taking?
What role does self-efficacy play in a person's willingness to engage in risk-taking?
Flashcards
Influence on Task Decisions
Influence on Task Decisions
Past successes or failures significantly shape the decision to pursue difficult tasks.
Misconception of Risk-Taking
Misconception of Risk-Taking
Risk-taking is often mistakenly seen as driven by reward only, while other factors also play a significant role.
Risk Aversion
Risk Aversion
Past severe consequences or trauma can make someone avoid risk more often.
Anxiety's Effect
Anxiety's Effect
Signup and view all the flashcards
Self-Efficacy in Risk-Taking
Self-Efficacy in Risk-Taking
Signup and view all the flashcards
Study Notes
Factors Influencing Risk-Taking Decisions
- Perceived benefits: Individuals are more likely to undertake challenging tasks when they perceive a high potential reward.
- Expected costs: The perceived downsides or negative consequences of an action can significantly influence risk-taking.
Risk-Taking Misconceptions
- Risk-takers are fearless: This is a misconception, as risk-takers often have a realistic understanding of potential consequences, but are willing to accept them for potential gain.
Scenarios Influencing Risk-Aversion
- High personal stake: Individuals are less likely to take risks when their personal investment or potential loss is high.
Anxiety and Risk-Taking Decisions
- Elevated anxiety: Anxiety can lead to overestimation of risks and potential negative outcomes, hindering rational decision-making.
Self-Efficacy and Risk-Taking Behaviour
- Self-efficacy: Individuals with a strong sense of self-efficacy, or belief in their abilities, are generally more likely to engage in risky behavior, as they are confident they can handle potential challenges.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
