The Research Group on Behavioral and Experimental Finance at the Department of Corporate Finance, and the ERI-CES welcome Professor Do-Yeong Kim from January 26 to February 7, 2018.

Do-Yeong Kim, Professor of Management at the School of Business and Institute for Interdisciplinary Research in Business and Psychology & Global Management (IIRBP&GM), Ajou University, South Korea, will give a presentation on February 2, 2018 on:

“Group decision-making under uncertainty: Understanding cross-cultural risk differences

Abstract: Since a balanced cross-cultural perspective needs to be taken in risk research, the present study examined intra- and inter-cultural differences in attitudes and decisions toward risk by comparing Chinese (collectivist), South Korean (collectivist), and Australian (individualist) individuals. When evaluated individually, the Australian, South Korean, and Chinese individuals were arranged in the order of favoring risk on attitudes and choices, although this pattern tenuously varied by domains of risk. Regardless of the gender composition of the groups, the Chinese sample did not exhibit the tendency to take greater risks when making group decisions versus individual decisions. This result was different from that of the South Koreans and Australians, who exhibited a unique risky shift (i.e., group polarization). The implications of these results and follow-up studies are discussed in terms of the socio-cultural norms of each country.”

Prof. Do-Yeon Kim CV’s click here