Concepedia

VARIABLE ORGANIZATIONAL RISK PREFERENCES: TESTS OF THE MARCH-SHAPIRA MODEL.

Academy of Management Journal · 2004 · 368 citations · 29 references

Concepts

BusinessOrganizational BehaviorRisk ManagementBehavioral EconomicsDecision TheoryRisk AnalysisRisk AversionRisk PreferencesRisk TheoryRisk ToleranceRisk-based Decision MakingEmpirical EvaluationManagerial Risk AppetiteMeasurement Of Risk AttitudesOrganizational Risk ManagementRisk Preferences ElicitationRisk-shifting Behavior

Abstract

March and Shapira's (1987, 1992) model of managers' risk preferences allows for shifts in attention between survival and aspiration levels. Our study provides initial empirical tests of their model...

References

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