Purpose – The purpose of this paper is to elucidate on specific risk mitigation approach which is known as “scenario approach”. Description of stepwise process of their elaboration, which is worth considering for managers, offers feasible tool not only for company risk management...

We used and evaluated a simple real payoff choice investment alternatives to measure risk taking behavior of Malaysian youth and also applied this measure to examine differences in risk taking behavior of male, female, younger and older adult university students. Participants chose which of ten...