Risk Aversion Measure
DIRECTIONS: Below are several statements with which you may agree or disagree. Using the 1-5 scale below, indicate your agreement with each item by placing the appropriate number on the line preceding that item.
1) I am not willing to take risks when choosing a job or a company to work for.
2) I prefer a low risk/high security job with a steady salary over a job that offers high risks and high rewards.
3) I prefer to remain on a job that has problems that I know about rather than take the risks of working at a new job that has unknown problems even if the new job offers greater rewards.
4) I view risk of a job as a situation to be avoided at all costs.
5) I like (or would like) to play the lottery. (-)
6) I always play it safe, even if it means occasionally losing out on a good opportunity.
7) I am a cautious person who generally avoids risks.
8) I generally hold out for the best price on something, even if it means waiting a long time.
Cable, D. M., & Judge, T. A. (1994). Pay preferences and job search decisions: A person-organization fit perspective. Personnel Psychology, 47, 317-348.
Judge, T. A., Thoresen, C. J., Pucik, V., & Welbourne, T. M. (1999). Managerial coping with organizational change: A dispositional perspective. Journal of Applied Psychology, 84, 107-122.