How do you classify a person who skydives, yet won't stand up to his/her boss? Is he/she a risk-taker? Understanding why we take some risks and yet avoid others is at the heart of risk management. Researchers at the University of Michigan have recently published a paper titled Towards the development of an evolutionary valid domain-specific risk-taking scale - an unwieldy title better explained in an article titled Not all risk is created equal by the University of Michigan News Service.
Thanks to Gila Pyke for passing this link along.
Wednesday, August 29, 2007
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For some related reading, check out Bruce Schneier's essay on 'Why the Human Brain is a Poor Judge of Risk'.
http://www.schneier.com/essay-162.html
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