How likely are you to invest in a new business? Ask your partner to marry you? Move to a new country?
A new model by SFI External Professor Paul Smaldino and colleagues explains how wealth, experience, and environment shape our risk tolerance — and how those effects persist across generations.
Personal risk tolerance has sweeping implications for how societies evolve
How much risk is any individual willing to take on? That depends, in part, on their individual resources and environment, which shape the learning strategies that influence their personal proclivity t...
