The Psychological Record, 2008, 58, 529–546 a dileMMas TasK FoR eliciTiNg RisK PRoPeNsiTy

Risk propensity (RP) is a trait characterized by an increased probability of en-gaging in behaviors that have some potential danger or harm but also provide an opportunity for some benefit. In the present study, a new RP task with several dilemmas was explored. Each dilemma includes the initial set plus successive approximations for estimating the Indifference Value between a Secure and the expected value of an uncertain Game. The scores showed good internal consis-tency, reasonably test-retest reliability, and good validity. The risk propensity dilemmas (RPD) task is proposed as an addition to an ideal battery of tasks for reflecting a complex trait that should be assessed from varied perspectives, pro-cedures, and scenarios of uncertainty. The goal of the present research is to explore the feasibility of a new tool for measuring risk propensity (RP). This trait is characterized by a willingness to take risks that ultimately is reflected in an increased probability of engag-ing in risk-taking behaviors. Risk-taking behaviors are those that involve some potential danger or harm but also provide an opportunity to obtain some ben