Disciplinary: Management Science, Youth Studies, Psychology.
Keywords: Prospect Theory; Risk-taking propensity; Youth's risk propensity; Resilience characteristic; Risk and failure; Resilience enhancement.
Risk propensity and resilience are two constructs that are essential for youth in any society. The two significantly impact individuals' personalities and decision-making capacity under situations of risk and uncertainty. While risk propensity is a dispositional tendency that defines future accomplishments, resilience is an essential characteristic that helps individuals bounce back from problems associated with past risks and failures. Youth having the two attributes of high-risk propensity and resilience will make better personal, societal, and organizational decisions and lead their respective organizations and countries towards growth and success. The study intends to assess Saudi youth's risk propensity level and compare it against a sample from a developing and developed country. It is also intended to determine the relationship that risk propensity has with resilience. Appropriate data collection tools and statistical, this study findings are significant to societal, academic, and practical uses. Being a topic with little empirical attention in the Kingdom, the study results are expected to trigger further interests in the area.
Paper ID: 12A1U
Cite this article:
Sulphey, M. M. (2021). The Position of Risk Propensity and Resilience among Saudi Youth Vis-a-vis Certain Other Nationalities. International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies, 12(1), 12A1U, 1-11. http://doi.org/10.14456/ITJEMAST.2021.21
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