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Risk-Taking



  Why do we take risks?
What are the consequences?
     University of Canberra
  Motivation and Emotion, 2011
         Kathleen Hughes
Risk
“ You have to risk going too far in order to discover just how far you can really
                                        go. ”
                                - T.S. Eliott, 1888

Do you binge drink, smoke cigarettes, take
  drugs, drink and drive or have unprotected
  sex?
If you have ever engaged in any of these
  behaviours you may not be aware that you are
  a risk-taker.
And in some cases it's not just a behaviour, it's a
  part of your personality.
Risk can be classified as the potential that a
  chosen action or activity (including the choice
  of inaction) will lead to a loss.
The notion implies that a choice having an
  influence on the outcome exists (or existed).
Potential losses themselves may also be called
  "risks". Almost any human endeavour carries
  some risk, but some are much more risky than
  others.
Risk
Taking a risk is when you experiment with a new
  behaviour. It can be a healthy and a positive way to:
• Test your limits
• Test other peoples boundaries
• Learn new skills and experience new things (including
  in work, study, relationships)
• Take on more independence and responsibility for your
  life.
• Taking risks can be fun and give you an adrenaline rush
  but sometimes those risks may affect your well-being
  and cause you harm (Hamilton, 1974).
So why do we take risks? What are some of the
  consequences of risky behaviour and how can we
  manage risk-taking healthily?
The Problem and Consequences
               “ To be alive at all requires some risk. ”
                      - Harold Macmillan, 1894
• Engaging in risky behaviours can become a problem if it has
  a negative effect on your day-to-day life.
Examples of unhealthy risky behaviours might be:
• Unprotected sex
• Drink driving
• Car surfing
• Drug or alcohol abuse, including binge-drinking
• Deliberate self-harm
• Dropping out of school or getting suspended regularly
• Breaking the law, e.g. shoplifting, and
• Severe or excessive dieting.
Consequences
• One of the major problems and long term
  consequences of engaging in risky behaviour
  consistently is the negative effect it can have
  on an individuals ability to function as a fully
  functioning and successful member of society.
Binge Drinking
• Risk-taking behaviours such as substance use
  does not occur without a variety of
  consequences for individuals, including a
  variety of psychosocial and behavioural
  problems during adolescence and early
  adulthood. Binge drinking has been associated
  with lower rates of educational attainment,
  antisocial and violent behaviour, driving under
  the influence, and even health problems, such
  as obesity.
Substance Use
• Marijuana use also has the potential to bring about
  many detrimental consequences. In a manner similar
  to alcohol use, high rates of marijuana usage have
  been associated with lower educational performance
  and lower expectations for success, problems relating
  to other family members, a greater likelihood to use
  more illicit drugs in the future, and a combination of
  physical and psychological health problems. The use of
  illicit substances by individuals, such as cocaine, has
  been linked to consequences similar to those shown
  among individuals who drink heavily and smoke
  marijuana.
Why Do We Take Risks?
“ Yes, risk-taking is inherently failure-prone. Otherwise, it would be called
                              sure-thing-taking.”
                            - Jim McMahon, 1959
During the different stages of life, people
 can become vulnerable to the influences
 of peer pressure and popular culture. This
 can lead to individuals being inclined to
 experiment, push boundaries and take
 risks that could impact on their own and
 others immediate and longer term health
 and wellbeing.
The reasons you might take unhealthy risks, include:
• Peer pressure - It is not uncommon to want to have respect
  from your peer group or those whose opinion may be
  important to you. Engaging in a risky or dangerous activity
  or behaviour may be a way for you to feel accepted and
  part of the group.
• Believing that it's a way of proving to yourself or others that
  you're an adult and that you are responsible for your own
  actions.
• Dealing with problems or escaping from unhappy situations
  or feelings. It may not always be obvious that you are using
  the behaviour as a way of managing your problem or
  unhappy situation.
• As a form of rebellion against something or someone.
• To get attention or a response from someone.
Risk Assessment
• Risk assessment is a step in a risk management
  procedure. Risk assessment is the determination of
  quantitative or qualitative value of risk related to a
  concrete situation and a recognized threat (also called
  hazard).
• Individuals obviously differ in all aspects of behaviour
  and personality and the same can be said for propensity
  of risk-taking behaviours. While some individuals
  demonstrate sparse or spontaneous risk-taking
  behaviours, others continuously demonstrate consistent
  risk-taking behaviours. There are a few different means in
  use in order to measure someone’s risk-taking
  tendencies, three of which are the Betting Dice Test, the
  Iowa Gambling Task and the Balloon Analog Risk Task;
  these will be further outlined.
Iowa Gambling Task
• First, the Iowa Gambling Task is a computer-based task in
  which participants have to select cards from one out of four
  decks in order to get as much money as they can; when the
  card is selected, the amount won is indicated. The decks
  differ in the amount of immediate gain versus the
  possibility of penalty with larger rewards and losses in
  decks A and B than in decks C and D. The optimum results
  are achieved by avoiding decks A, B and selecting cards
  from decks C and D. The IGT is not a pure risk propensity
  measure. Instead, it is a measure of decision-making
  impairment usually present in ventro-medial prefrontal
  cortex damaged patients. In fact, the expected values of
  the four decks are not the same. It is expected that
  unimpaired people choose cards from the more
  “advantageous” decks.
Balloon Analog Risk Task
• A second behavioural measure is the Balloon Analog
  Risk Task in which participants pump up an on-screen
  balloon with the aim of making it as large as possible
  without causing it to explode. The balloons have
  different explosion probabilities from the first to the
  128th pump; as long as it doesn’t explode, the larger
  the balloon is pumped, the greater the gain. The
  Balloon Analog Risk Task can be considered a “pure”
  measure of risk propensity as long because it clearly
  presents a risky situation in which alternatives have
  different (uncertain) probabilities and rewards.
Betting Dice Test
• A third behavioural measure of risk-propensity is the Betting Dice
  Test (BDT), which consists of betting on one out of four alternatives
  that can result when throwing two dice. The higher the probability
  of occurrence, the lower the reward associated. Contrary to the
  Balloon Analog Risk Task, where the expected values of the
  alternatives change throughout the test, the expected values of the
  Betting Dice Test options are always the same. It is therefore
  assumed that participants who bet on the more probable but less
  rewarded alternative are making a more conservative selection
  than those who place the less probable though more rewarded bet.
  Moreover, no feedback is given after each bet. Participants
  elections are free from the previous results obtained. The test
  developed from a risk-return trade-off framework: Potential return
  rises with increase in risk, so that low levels of risk are associated
  with low potential returns, and high levels of risk are associated
  with high potential returns.
Risk Management
• You may be thinking about taking a risk or are
  already engaging in risk-taking behaviours.
  Changing your behaviour can be tough,
  particularly if you have been engaging in risky
  behaviour for a while. If you are feeling pressure
  to change, the change will require changing your
  lifestyle, or moving away from some people that
  you associate with for a period of time.
• The following steps may help you decide whether
  you want to continue or change your behaviour.
• Identify:Sometimes you may not be aware that a behaviour is unhelpful or
  unhealthy. Identify the risks and benefits of your behaviour and how it
  effects others and yourself (e.g. health, work, family etc).
• Contemplation: Think about the pros and cons of changing your
  behaviour. This might include thinking about how you can reduce the risks
  associated with the problem or risky behaviour.
• Decision:If you do decide a change in behaviour is needed, start by making
  a plan to change. This might include action plans and setting small,
  gradual goals.
• Action: As you start carrying out your action plan make sure you reward
  yourself for reaching each goal, in order to provide positive reinforcement.
  Identifying barriers to change, coping skills, and social supports is also
  important.
• Maintenance: Develop strategies for sustaining the changes. This may be
  through your social supports and by reminding yourself why you decided
  to change your behaviour in the first place.
• Relapse: You might find yourself reverting back to the unhelpful
  behaviour. It's important not to blame yourself or feel guilty. Changing
  behaviour can be hard and relapse is not uncommon, what is important is
  that you keep trying to lead a healthier and safer lifestyle.
Finding Help
                          “ Nothing risked, nothing gained.”
                                -Alexander Woollcott
•   Cocaine Anonymous Australia
    Help Line - +61 (0)432 040 023
•   Alcoholics Anonymous Australia
    Help Line - + (02) 6287 3020
•   Marijuana Anonymous Australia
    Help Line - +61 (0)403 945 083
•   Narcotics Anonymous Australia
    Help Line - + (02) 9565 1453
•   Beyond Blue Australia
    Help Line - 1300 22 4636
•   Pregnancy, Birth & Baby Helpline Australia
    Help Line - 1800 882 436
•   Gats counselling (Counselling services)
•   Beyond blue: National Depression Initiative (Online resources & counselling services)
•   Youth beyond blue (Youth online resources & counselling services)
•   My self help(Online support)
Summary
• Risk-taking is a part of everyday life in some sense and requires some
  degree of risk. In order to accomplish things that you aren't 100% sure are
  going to work out the way you want, requires you to take a chance that it
  is going to work. It is when risk-taking takes a turn for the dangerous and
  unhealthy that it can become a problem for individuals and the people
  they are close to. In order to manage risk-taking behaviours effectively it is
  necessary to observe your own behaviour closely and try to pinpoint what
  it is that makes you behave in risky ways. Once you have identified these
  events or behaviours, make the decision to change. Set goals and make an
  action plan with positive reinforcers along the way. If external help or
  motivation is needed get in contact with a help-line or ask friends and
  family for assistance. In psychological sense there are a few different
  measures in use for assessment of an individuals risk propensity, most of
  which are useful but none of which are agreed with complete consensus
  that it is correctly measuring risk-taking. The consequences of risk-taking
  can be devastating and long-term and the time should be taken to learn
  how to manage your own or to help someone else realise and moderate
  risk-taking behaviours.
References
Australian Bureau of Statistics. (December, 2009). Risk-Taking By Young People: Australian
    Social Trends. Retrieved from
    http://www.abs.gov.au/AUSSTATS/abs@.nsf/Lookup/4102.0Chapter5002008
Blair, S. (2010). The Influence of Risk-Taking Behaviours on the Transition Into Marriage: An
    Examination of the Long-Term Consequences of Adolescent Behaviour. Marriage &
    Family Review, 46, 126-146. doi: 10.1080/01494921003685169
Hamilton. J., (1974). Motivation and Risk Taking Behaviour: A Test of Atkinson’s Theory.
    Journal of Personality and Social Psychology, 29(6), 856-864. doi: 10.1037/h0036463
Kashdan, T., Collins, L., &Elhai, J. (2006). Social Anxiety and Positive Outcome Expectancies
    on Risk-Taking Behaviours. CognTher Res, 30, 749-761. doi: 10.1007/s10608-006-9017-x
McClelland, D., & Watson, R. (1973). Power Motivation and Risk-taking Behaviour. Journal of
    Personailty, 41(1), 121-139. doi: 10.1111/1467-6494.ep8969262
Pat-Horenczyk, R., Peled, O., Miron, T., Brom, D., Villa, Y., &Chemtob, C. (2007). Risk-Taking
    Behaviors Among Israeli Adolescents Exposed to Recurrent Terrorism: Provoking Danger
    Under Continuous Threat? The American Journal of Psychiatry, 164(4), 66-72. Retrieved
    from http://ajp.psychiatryonline.org/article.aspx?articleID=97667
Pawlowski, B., Atwal, Rajinder., & Dunbar, R. (2008). Sex Differences in Everyday Risk-Taking
    Behavior in Humans. Evolutionary Psychology, 6(1), 29-42. Retrieved from
    www.epjournal.net
Richardson, T., &Garavan, H. (2010). Relationships Between Hypomanic Symptoms and
    Impulsivity and Risk-taking Propensity an International Sample of Undergraduate
    Students. URJHS, 9. Retrieved November 02, 2011 from
    http://www.kon.org/urc/v9/richardson.html
Rubio, V., Hernández, J., Zaldívar, F., Flor., Márquez., Oliva., Santacreu., & José.
   (2010). Can We Predict Risk-taking Behavior?: Two Behavioral Tests for
   Predicting Guessing Tendencies in a Multiple-choice Test. European Journal of
   PsychologicalAssessment, 26(2), 87-94. doi: 10.1027/1015-5759/a000013
Sorrentino, R., Hewitt, E., &Raso-Knott, P. (1992). Risk-taking in Games of Chance
   and Skill: Informational and Affective Influences on Choice Behavior. Journal of
   Personality and Social Psychology, 62(3), 522-533. doi: 10.1037/0022-
   3514.62.3.522
Sharoni, S., Taly, R., Erez, T., Ido., E., &Arnon, L. (2008). Perceptual Accuracy and
   Conflicting Effects of Certainty on Risk-taking Behaviour. Nature, 453, 917-920.
   doi: 10.1038/nature06841
Soheil, S., Masoud, N., Moigan, K., &Vafa, R. (2010). Perceived Risk and Risk-
   taking Behaviour During the Festival Firework. Am J Health Bhevaiour, 35(5),
   525-531. Retrieved from :
   http:content.ebscohost.com.ezproxy1.canberra.edu.au/pdf23_24/pdf/2010/8
   GA/01Sep10/53697937.pdf?
Wallsten, T., Pleskac, T., &Lejuez, C. (2005). ModelingBehavior in a Clinically
   Diagnostic Sequential Risk-Taking Task.Psychological Review, 112(4), 862-880.
   doi: 10.1037/0033-295X.112.4.862

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Risk-taking- The motivation and emotion behind risky behaviours

  • 1. Risk-Taking Why do we take risks? What are the consequences? University of Canberra Motivation and Emotion, 2011 Kathleen Hughes
  • 2. Risk “ You have to risk going too far in order to discover just how far you can really go. ” - T.S. Eliott, 1888 Do you binge drink, smoke cigarettes, take drugs, drink and drive or have unprotected sex? If you have ever engaged in any of these behaviours you may not be aware that you are a risk-taker. And in some cases it's not just a behaviour, it's a part of your personality.
  • 3. Risk can be classified as the potential that a chosen action or activity (including the choice of inaction) will lead to a loss. The notion implies that a choice having an influence on the outcome exists (or existed). Potential losses themselves may also be called "risks". Almost any human endeavour carries some risk, but some are much more risky than others.
  • 4. Risk Taking a risk is when you experiment with a new behaviour. It can be a healthy and a positive way to: • Test your limits • Test other peoples boundaries • Learn new skills and experience new things (including in work, study, relationships) • Take on more independence and responsibility for your life. • Taking risks can be fun and give you an adrenaline rush but sometimes those risks may affect your well-being and cause you harm (Hamilton, 1974). So why do we take risks? What are some of the consequences of risky behaviour and how can we manage risk-taking healthily?
  • 5. The Problem and Consequences “ To be alive at all requires some risk. ” - Harold Macmillan, 1894 • Engaging in risky behaviours can become a problem if it has a negative effect on your day-to-day life. Examples of unhealthy risky behaviours might be: • Unprotected sex • Drink driving • Car surfing • Drug or alcohol abuse, including binge-drinking • Deliberate self-harm • Dropping out of school or getting suspended regularly • Breaking the law, e.g. shoplifting, and • Severe or excessive dieting.
  • 6. Consequences • One of the major problems and long term consequences of engaging in risky behaviour consistently is the negative effect it can have on an individuals ability to function as a fully functioning and successful member of society.
  • 7. Binge Drinking • Risk-taking behaviours such as substance use does not occur without a variety of consequences for individuals, including a variety of psychosocial and behavioural problems during adolescence and early adulthood. Binge drinking has been associated with lower rates of educational attainment, antisocial and violent behaviour, driving under the influence, and even health problems, such as obesity.
  • 8. Substance Use • Marijuana use also has the potential to bring about many detrimental consequences. In a manner similar to alcohol use, high rates of marijuana usage have been associated with lower educational performance and lower expectations for success, problems relating to other family members, a greater likelihood to use more illicit drugs in the future, and a combination of physical and psychological health problems. The use of illicit substances by individuals, such as cocaine, has been linked to consequences similar to those shown among individuals who drink heavily and smoke marijuana.
  • 9. Why Do We Take Risks? “ Yes, risk-taking is inherently failure-prone. Otherwise, it would be called sure-thing-taking.” - Jim McMahon, 1959 During the different stages of life, people can become vulnerable to the influences of peer pressure and popular culture. This can lead to individuals being inclined to experiment, push boundaries and take risks that could impact on their own and others immediate and longer term health and wellbeing.
  • 10. The reasons you might take unhealthy risks, include: • Peer pressure - It is not uncommon to want to have respect from your peer group or those whose opinion may be important to you. Engaging in a risky or dangerous activity or behaviour may be a way for you to feel accepted and part of the group. • Believing that it's a way of proving to yourself or others that you're an adult and that you are responsible for your own actions. • Dealing with problems or escaping from unhappy situations or feelings. It may not always be obvious that you are using the behaviour as a way of managing your problem or unhappy situation. • As a form of rebellion against something or someone. • To get attention or a response from someone.
  • 11. Risk Assessment • Risk assessment is a step in a risk management procedure. Risk assessment is the determination of quantitative or qualitative value of risk related to a concrete situation and a recognized threat (also called hazard). • Individuals obviously differ in all aspects of behaviour and personality and the same can be said for propensity of risk-taking behaviours. While some individuals demonstrate sparse or spontaneous risk-taking behaviours, others continuously demonstrate consistent risk-taking behaviours. There are a few different means in use in order to measure someone’s risk-taking tendencies, three of which are the Betting Dice Test, the Iowa Gambling Task and the Balloon Analog Risk Task; these will be further outlined.
  • 12. Iowa Gambling Task • First, the Iowa Gambling Task is a computer-based task in which participants have to select cards from one out of four decks in order to get as much money as they can; when the card is selected, the amount won is indicated. The decks differ in the amount of immediate gain versus the possibility of penalty with larger rewards and losses in decks A and B than in decks C and D. The optimum results are achieved by avoiding decks A, B and selecting cards from decks C and D. The IGT is not a pure risk propensity measure. Instead, it is a measure of decision-making impairment usually present in ventro-medial prefrontal cortex damaged patients. In fact, the expected values of the four decks are not the same. It is expected that unimpaired people choose cards from the more “advantageous” decks.
  • 13. Balloon Analog Risk Task • A second behavioural measure is the Balloon Analog Risk Task in which participants pump up an on-screen balloon with the aim of making it as large as possible without causing it to explode. The balloons have different explosion probabilities from the first to the 128th pump; as long as it doesn’t explode, the larger the balloon is pumped, the greater the gain. The Balloon Analog Risk Task can be considered a “pure” measure of risk propensity as long because it clearly presents a risky situation in which alternatives have different (uncertain) probabilities and rewards.
  • 14. Betting Dice Test • A third behavioural measure of risk-propensity is the Betting Dice Test (BDT), which consists of betting on one out of four alternatives that can result when throwing two dice. The higher the probability of occurrence, the lower the reward associated. Contrary to the Balloon Analog Risk Task, where the expected values of the alternatives change throughout the test, the expected values of the Betting Dice Test options are always the same. It is therefore assumed that participants who bet on the more probable but less rewarded alternative are making a more conservative selection than those who place the less probable though more rewarded bet. Moreover, no feedback is given after each bet. Participants elections are free from the previous results obtained. The test developed from a risk-return trade-off framework: Potential return rises with increase in risk, so that low levels of risk are associated with low potential returns, and high levels of risk are associated with high potential returns.
  • 15. Risk Management • You may be thinking about taking a risk or are already engaging in risk-taking behaviours. Changing your behaviour can be tough, particularly if you have been engaging in risky behaviour for a while. If you are feeling pressure to change, the change will require changing your lifestyle, or moving away from some people that you associate with for a period of time. • The following steps may help you decide whether you want to continue or change your behaviour.
  • 16. • Identify:Sometimes you may not be aware that a behaviour is unhelpful or unhealthy. Identify the risks and benefits of your behaviour and how it effects others and yourself (e.g. health, work, family etc). • Contemplation: Think about the pros and cons of changing your behaviour. This might include thinking about how you can reduce the risks associated with the problem or risky behaviour. • Decision:If you do decide a change in behaviour is needed, start by making a plan to change. This might include action plans and setting small, gradual goals. • Action: As you start carrying out your action plan make sure you reward yourself for reaching each goal, in order to provide positive reinforcement. Identifying barriers to change, coping skills, and social supports is also important. • Maintenance: Develop strategies for sustaining the changes. This may be through your social supports and by reminding yourself why you decided to change your behaviour in the first place. • Relapse: You might find yourself reverting back to the unhelpful behaviour. It's important not to blame yourself or feel guilty. Changing behaviour can be hard and relapse is not uncommon, what is important is that you keep trying to lead a healthier and safer lifestyle.
  • 17. Finding Help “ Nothing risked, nothing gained.” -Alexander Woollcott • Cocaine Anonymous Australia Help Line - +61 (0)432 040 023 • Alcoholics Anonymous Australia Help Line - + (02) 6287 3020 • Marijuana Anonymous Australia Help Line - +61 (0)403 945 083 • Narcotics Anonymous Australia Help Line - + (02) 9565 1453 • Beyond Blue Australia Help Line - 1300 22 4636 • Pregnancy, Birth & Baby Helpline Australia Help Line - 1800 882 436 • Gats counselling (Counselling services) • Beyond blue: National Depression Initiative (Online resources & counselling services) • Youth beyond blue (Youth online resources & counselling services) • My self help(Online support)
  • 18. Summary • Risk-taking is a part of everyday life in some sense and requires some degree of risk. In order to accomplish things that you aren't 100% sure are going to work out the way you want, requires you to take a chance that it is going to work. It is when risk-taking takes a turn for the dangerous and unhealthy that it can become a problem for individuals and the people they are close to. In order to manage risk-taking behaviours effectively it is necessary to observe your own behaviour closely and try to pinpoint what it is that makes you behave in risky ways. Once you have identified these events or behaviours, make the decision to change. Set goals and make an action plan with positive reinforcers along the way. If external help or motivation is needed get in contact with a help-line or ask friends and family for assistance. In psychological sense there are a few different measures in use for assessment of an individuals risk propensity, most of which are useful but none of which are agreed with complete consensus that it is correctly measuring risk-taking. The consequences of risk-taking can be devastating and long-term and the time should be taken to learn how to manage your own or to help someone else realise and moderate risk-taking behaviours.
  • 19. References Australian Bureau of Statistics. (December, 2009). Risk-Taking By Young People: Australian Social Trends. Retrieved from http://www.abs.gov.au/AUSSTATS/abs@.nsf/Lookup/4102.0Chapter5002008 Blair, S. (2010). The Influence of Risk-Taking Behaviours on the Transition Into Marriage: An Examination of the Long-Term Consequences of Adolescent Behaviour. Marriage & Family Review, 46, 126-146. doi: 10.1080/01494921003685169 Hamilton. J., (1974). Motivation and Risk Taking Behaviour: A Test of Atkinson’s Theory. Journal of Personality and Social Psychology, 29(6), 856-864. doi: 10.1037/h0036463 Kashdan, T., Collins, L., &Elhai, J. (2006). Social Anxiety and Positive Outcome Expectancies on Risk-Taking Behaviours. CognTher Res, 30, 749-761. doi: 10.1007/s10608-006-9017-x McClelland, D., & Watson, R. (1973). Power Motivation and Risk-taking Behaviour. Journal of Personailty, 41(1), 121-139. doi: 10.1111/1467-6494.ep8969262 Pat-Horenczyk, R., Peled, O., Miron, T., Brom, D., Villa, Y., &Chemtob, C. (2007). Risk-Taking Behaviors Among Israeli Adolescents Exposed to Recurrent Terrorism: Provoking Danger Under Continuous Threat? The American Journal of Psychiatry, 164(4), 66-72. Retrieved from http://ajp.psychiatryonline.org/article.aspx?articleID=97667 Pawlowski, B., Atwal, Rajinder., & Dunbar, R. (2008). Sex Differences in Everyday Risk-Taking Behavior in Humans. Evolutionary Psychology, 6(1), 29-42. Retrieved from www.epjournal.net Richardson, T., &Garavan, H. (2010). Relationships Between Hypomanic Symptoms and Impulsivity and Risk-taking Propensity an International Sample of Undergraduate Students. URJHS, 9. Retrieved November 02, 2011 from http://www.kon.org/urc/v9/richardson.html
  • 20. Rubio, V., Hernández, J., Zaldívar, F., Flor., Márquez., Oliva., Santacreu., & José. (2010). Can We Predict Risk-taking Behavior?: Two Behavioral Tests for Predicting Guessing Tendencies in a Multiple-choice Test. European Journal of PsychologicalAssessment, 26(2), 87-94. doi: 10.1027/1015-5759/a000013 Sorrentino, R., Hewitt, E., &Raso-Knott, P. (1992). Risk-taking in Games of Chance and Skill: Informational and Affective Influences on Choice Behavior. Journal of Personality and Social Psychology, 62(3), 522-533. doi: 10.1037/0022- 3514.62.3.522 Sharoni, S., Taly, R., Erez, T., Ido., E., &Arnon, L. (2008). Perceptual Accuracy and Conflicting Effects of Certainty on Risk-taking Behaviour. Nature, 453, 917-920. doi: 10.1038/nature06841 Soheil, S., Masoud, N., Moigan, K., &Vafa, R. (2010). Perceived Risk and Risk- taking Behaviour During the Festival Firework. Am J Health Bhevaiour, 35(5), 525-531. Retrieved from : http:content.ebscohost.com.ezproxy1.canberra.edu.au/pdf23_24/pdf/2010/8 GA/01Sep10/53697937.pdf? Wallsten, T., Pleskac, T., &Lejuez, C. (2005). ModelingBehavior in a Clinically Diagnostic Sequential Risk-Taking Task.Psychological Review, 112(4), 862-880. doi: 10.1037/0033-295X.112.4.862