Competition and Risk Aversion

Reichenberger, Amanda

Competition and Risk Aversion

dc.contributor.author	Reichenberger, Amanda
dc.contributor.authoreid	areich
dc.contributor.kstate	Reichenberger, Amanda
dc.date.accessioned	2017-06-01T15:31:09Z
dc.date.available	2017-06-01T15:31:09Z
dc.date.issued	2017
dc.date.published	2017
dc.description	Citation: Reichenberger, A. (2017). Competition and Risk Aversion. Unpublished manuscript, Kansas State University, Manhattan, KS.
dc.description	Kirmser Undergraduate Research Award - Individual Non-Freshman category, honorable mention
dc.description.abstract	This study tested the influence of competition and risk aversion on risk-involved investment decisions. The primary base for research lay within message framing and prospect theory. Participants took 1 of 4 different versions of a survey with only the message frame of the manipulated paragraph varying by risk (high or low) and outcome (high competition or low competition. Participants were Kansas State University affiliated students gathered by convenience sampling. Contrary with predictions, testing of the participants’ surveys revealed no significant difference in investment amounts based on the interaction of risk-framing and outcome-framing However, a significant difference in investment amounts was apparent based on risk-framing.
dc.description.advisor	Dr. Tim Steffensmeier
dc.description.advisor	Dr. Greg Paul
dc.description.course	Senior Colloquium: COMM 550
dc.identifier.uri	http://hdl.handle.net/2097/35607
dc.publisher	Kansas State University. K-State Libraries
dc.rights	This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).
dc.rights.uri	http://rightsstatements.org/vocab/InC/1.0/
dc.subject	Risk aversion
dc.subject	Decision making
dc.subject	Investments
dc.subject	Risk framing
dc.subject	Outcome framing
dc.subject	Prospect theory
dc.title	Competition and Risk Aversion
dc.type	Text