Work

Exploring the Relation Between Mach Scores and Risk Attitude: Empirical Findings From Individual Versus Group Testing

Year: 2024

Type: article

Abstract: Our research delves into the correlation between Mach scores and risk attitudes in both individual and group testing.We conducted a quasi-experiment involving accounting students and performed a statistical analysis of the data.Our findings reveal two key points: firstly, individuals with high Mach scores tend to be more inclined towards risk-taking compared to those with low scores on the Mach IV scale; and secondly, high Mach scores exert a greater influence on group decision-making.Our results underscore the distinction between group and individual behavior in terms of risk attitudes and highlight the predictive utility of the Mach-IV scale in assessing risk attitudes.

Source: European Journal of Accounting Finance & Business

DOI: 10.4316/ejafb.2024.12302

Authors: Dan Dacian CUZDRIOREAN, Alina Beatrice VLADU, Szilveszter FEKETE PALI-PISTA, Paula Ramona RACHISAN, Adrian GROSARU

Institution: Babeș-Bolyai University

Language: English

Topic: Decision-Making and Behavioral Economics

Subfield: General Decision Sciences

Field: Decision Sciences

Domain: Social Sciences

Open Access status: hybrid

OpenAlex ID: W4413665910

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