Please use this identifier to cite or link to this item:
Title: Would “I” be more risk averse? : the effect of “I” on risk preference
Authors: Nishanthi
Nur Fitriah Alias
Chua, Hang Ping
Keywords: DRNTU::Social sciences
Issue Date: 2016
Abstract: Linguistic elements have been studied quite extensively in behavioural economics as it plays a crucial role in determining economic behaviours. Despite risk preferences being one of the most important components of economic behaviour, little research attention has been done to link linguistic elements with risk preferences. Risk preference research is abundant, but, many ignore the possibility that the structure of the sentence itself or the linguistic variables could have a vital role in manipulating and influencing one’s risk preference. This report aims to thus identify how linguistic variables, specifically the use of pronoun could affect individuals’ risk taking behaviour. This was done through an experiment which encompasses two different treatments for the same choices. One treatment consists of a series of 13 decision rows for each of the 12 rounds containing the pronoun “I”, while the second treatment has no pronoun in it. Mann-Whitney U test and regression results showed that subjects who were presented with the pronoun “I” treatment made more safe choices as compared to those in the non-pronoun treatment. The treatment effect may be due to individuals perceiving their connection with the consequences of their decisions in a more profound way. These significant results give a further understanding and enlightenment of how the manipulation of pronoun could have a direct impact on influencing individuals’ risk behaviour.
Rights: Nanyang Technological University
Fulltext Permission: restricted
Fulltext Availability: With Fulltext
Appears in Collections:HSS Student Reports (FYP/IA/PA/PI)

Files in This Item:
File Description SizeFormat 
FYP Report_2AY1516_13.pdf
  Restricted Access
Final Year Report1.35 MBAdobe PDFView/Open

Page view(s) 50

Updated on Dec 2, 2020

Download(s) 50

Updated on Dec 2, 2020

Google ScholarTM


Items in DR-NTU are protected by copyright, with all rights reserved, unless otherwise indicated.