Fretting about Modest Risks Is a Mistake
指出管理者常因风险厌恶而犯错,并建议通过反思来纠正,从而优化个人与组织的决策组合,提升整体收益。
Managers often engage in risk-averse behavior, and economists, decision analysts, and managers treat risk aversion as a preference. In many cases, acting in a risk-averse manner is a mistake, but managers can correct this mistake with greater reflection. This article provides guidance on how individuals and organizations can move toward greater reflection and a more profitable aggregate portfolio of decisions. Inconsistency in risk preferences across decisions is a costly mistake for both individuals and for organizations.