The Great Ravenna Boulevard Sinkhole, 1957. Seattle Municipal Archives (CC BY 2.0)

Risk Aversion and Risk Taking

E. Forrest Christian Organizations, Reviews - Books, Risk Management Leave a Comment

We are basically risk averse. Most of the people that you think are going to be risk-averse, are. For example, older workers, workers with seniority, and those in stereotypically risk-averse industries (e.g., retail banking) are more risk averse than others where other variables are constant. INFOSEC got most of its people from banking, and most from a very conservative bank …