Entrepreneurship & Innovation

Risk tolerance

morreale Saturday 01 of March, 2014
Michael Fitzgerald at the Pacific Standard reports on How Parents Shape Their Kids’ Risk Tolerance. When parents include their kids in the family decision making, the kids' risk tolerance and trust levels will resemble their parents levels. Trusting tool little results in lost income and trusting too much results in being cheated more often. A small increase in risk tolerance results in a larger increase in the likelihood of being self-employed.