Cross-National Differences in Gain-Domain Risk Preferences among Older Populations: Judgment and Decision-Making Behaviors in Rapidly Aging Countries

Simple item page
dc.contributor.authorJoo, Samuel
dc.contributor.authorBaek, Suyoung
dc.date2023-05-17T22:04:06.000
dc.date.accessioned2023-05-23T03:31:03Z
dc.date.available2019-05-15T00:00:00Z
dc.date.issued2019-05-15
dc.date.submitted2019-05-15T06:56:43-07:00
dc.description.abstractThis research explores the systematic, cross-national differences in choice-inferred risk preferences between American and South Korean ("Korean") elders. A total of four different same groups--American elders, Korean elders, American young adults, and Korean young adults--were surveyed. All four groups were asked to partake in a two-part questionnaire: one pertaining to their background information and the other consisting of a set of gain-domain choice questions based on hypothetical lottery situations. The result of the study highlights three statistically significant (a=0.05) findings among the groups surveyed: (1) The Korean elderly group tends to be more risk-averse than the American elderly group, (2) the American elderly group tends to be more risk-seeking than the American young adult group, (3) and the Korean elderly group tends to be more risk-averse than the Korean young adult group.
dc.identifier.urihttps://repository.upenn.edu/handle/20.500.14332/47148
dc.legacy.articleid1078
dc.legacy.fulltexturlhttps://repository.upenn.edu/cgi/viewcontent.cgi?article=1078&context=spice&unstamped=1
dc.source.issue2
dc.source.journalPenn Journal of Philosophy, Politics & Economics
dc.source.peerreviewedtrue
dc.source.statuspublished
dc.subject.otherAging
dc.subject.otherProspect Theory
dc.subject.otherDecisions under Risk
dc.subject.otherSouth Korean Elders
dc.subject.otherAmerican Elders
dc.subject.otherEldercare Crisis
dc.subject.otherSocial and Behavioral Sciences
dc.titleCross-National Differences in Gain-Domain Risk Preferences among Older Populations: Judgment and Decision-Making Behaviors in Rapidly Aging Countries
dc.title.alternativeJudgment and Decision-Making Behaviors in Rapidly Aging Countries
dc.typeArticle
digcom.contributor.authorJoo, Samuel
digcom.contributor.authorBaek, Suyoung
digcom.date.embargo2019-05-15T00:00:00-07:00
digcom.identifierspice/vol14/iss2/2
digcom.identifier.contextkey14501846
digcom.identifier.submissionpathspice/vol14/iss2/2
digcom.typearticle
dspace.entity.typePublication
relation.isJournalIssueOfPublication0deeb4fd-3733-4364-922c-e385675f035d
relation.isJournalIssueOfPublication.latestForDiscovery0deeb4fd-3733-4364-922c-e385675f035d
relation.isJournalOfPublication45c0e991-0851-45f9-9702-0d72aff393db
upenn.schoolDepartmentCenterPenn Journal of Philosophy, Politics & Economics
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
2019A___SPICE_issue_2___Joo_and_Baek.pdf
Size:
1.6 MB
Format:
Adobe Portable Document Format
Download
Collection
Articles