An evaluation of the Choice Dilemma Questionnaire as a measure of risk-taking propensity

T. J. Kamalanabhan1, D. L. Sunder2, M. Vasanthi3
1University Telekom, Malaysia
2Indian Institute of Technology, India
3Child Trust Hospital, India
Cite this article:  Kamalanabhan, T. J., Sunder, D. L., & Vasanthi, M. (2000). An evaluation of the Choice Dilemma Questionnaire as a measure of risk-taking propensity. Social Behavior and Personality: An international journal, 28(2), 149-156.

Volume 28 Issue 2 | e1017 | Published: April 2000 | DOI: https://doi.org/10.2224/sbp.2000.28.2.149

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The Choice Dilemma Questionnaire (CDQ) has been extensively used in risk taking studies due to its ease of administration and its ability to consistently produce risky shifts. However despite its wide use, it has been subject to a number of criticisms. This study attempts to see if the CDQ score is factorially pure or if it is made up of subscales. Responses from 202 students were factor analyzed and it was found that 4 factors emerged. It is concluded that risk-taking is a multidimensional concept and the different types of risks need to be taken into account if we are to use risk-taking propensity as a personality measure while studying individual differences.

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