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Risky Business: Cosmopolitan Culture and Risk-Taking

Research output: Journal contributions › Journal articles › Research › peer-review

Standard

Risky Business: Cosmopolitan Culture and Risk-Taking. / Sevincer, A. Timur; Kwon, Jung Yul; Varnum, Michael E.W. et al.
In: Journal of Cross-Cultural Psychology, Vol. 52, No. 3, 01.04.2021, p. 295-315.

Research output: Journal contributions › Journal articles › Research › peer-review

Harvard

Sevincer, AT, Kwon, JY, Varnum, MEW & Kitayama, S 2021, 'Risky Business: Cosmopolitan Culture and Risk-Taking', Journal of Cross-Cultural Psychology, vol. 52, no. 3, pp. 295-315. https://doi.org/10.1177/00220221211003207

APA

Sevincer, A. T., Kwon, J. Y., Varnum, M. E. W., & Kitayama, S. (2021). Risky Business: Cosmopolitan Culture and Risk-Taking. Journal of Cross-Cultural Psychology, 52(3), 295-315. https://doi.org/10.1177/00220221211003207

Vancouver

Sevincer AT, Kwon JY, Varnum MEW, Kitayama S. Risky Business: Cosmopolitan Culture and Risk-Taking. Journal of Cross-Cultural Psychology. 2021 Apr 1;52(3):295-315. doi: 10.1177/00220221211003207

Bibtex

@article{f1c10c52a9ce41c6a1a9f9fcec48c51c,
title = "Risky Business: Cosmopolitan Culture and Risk-Taking",
abstract = "Some metropolitan areas (e.g., Berlin, New York) have a cosmopolitan culture. That is, they serve as centers of economic development and value diversity, creativity, and equality. These areas offer economic and creative opportunities that are open to anyone willing to take a risk. Therefore, such cities may attract people who are high in risk-taking. We first showed that real-world risk-taking is more common in cities with a more cosmopolitan culture (Study 1). Second, we found that people who are more prone to risk-taking as measured by self-report (Studies 2a and 2b) and observed behavior (Study 3, preregistered) have greater preferences for cosmopolitan cities as residential destinations. Third, we tested a causal link between risk-taking and preference for cosmopolitan cities. Inducing a prevention focus (known to inhibit risk-taking) reduced people{\textquoteright}s desire to settle in cosmopolitan cities (Study 4). We discuss implications for economic growth and migration to cosmopolitan cities.",
keywords = "cosmopolitanism, independence and interdependence, prevention focus, promotion focus, risk-taking, voluntary settlement, Psychology",
author = "Sevincer, {A. Timur} and Kwon, {Jung Yul} and Varnum, {Michael E.W.} and Shinobu Kitayama",
note = "Publisher Copyright: {\textcopyright} The Author(s) 2021.",
year = "2021",
month = apr,
day = "1",
doi = "10.1177/00220221211003207",
language = "English",
volume = "52",
pages = "295--315",
journal = "Journal of Cross-Cultural Psychology",
issn = "0022-0221",
publisher = "SAGE Publications Inc.",
number = "3",

}

RIS

TY - JOUR

T1 - Risky Business

T2 - Cosmopolitan Culture and Risk-Taking

AU - Sevincer, A. Timur

AU - Kwon, Jung Yul

AU - Varnum, Michael E.W.

AU - Kitayama, Shinobu

N1 - Publisher Copyright: © The Author(s) 2021.

PY - 2021/4/1

Y1 - 2021/4/1

N2 - Some metropolitan areas (e.g., Berlin, New York) have a cosmopolitan culture. That is, they serve as centers of economic development and value diversity, creativity, and equality. These areas offer economic and creative opportunities that are open to anyone willing to take a risk. Therefore, such cities may attract people who are high in risk-taking. We first showed that real-world risk-taking is more common in cities with a more cosmopolitan culture (Study 1). Second, we found that people who are more prone to risk-taking as measured by self-report (Studies 2a and 2b) and observed behavior (Study 3, preregistered) have greater preferences for cosmopolitan cities as residential destinations. Third, we tested a causal link between risk-taking and preference for cosmopolitan cities. Inducing a prevention focus (known to inhibit risk-taking) reduced people’s desire to settle in cosmopolitan cities (Study 4). We discuss implications for economic growth and migration to cosmopolitan cities.

AB - Some metropolitan areas (e.g., Berlin, New York) have a cosmopolitan culture. That is, they serve as centers of economic development and value diversity, creativity, and equality. These areas offer economic and creative opportunities that are open to anyone willing to take a risk. Therefore, such cities may attract people who are high in risk-taking. We first showed that real-world risk-taking is more common in cities with a more cosmopolitan culture (Study 1). Second, we found that people who are more prone to risk-taking as measured by self-report (Studies 2a and 2b) and observed behavior (Study 3, preregistered) have greater preferences for cosmopolitan cities as residential destinations. Third, we tested a causal link between risk-taking and preference for cosmopolitan cities. Inducing a prevention focus (known to inhibit risk-taking) reduced people’s desire to settle in cosmopolitan cities (Study 4). We discuss implications for economic growth and migration to cosmopolitan cities.

KW - cosmopolitanism

KW - independence and interdependence

KW - prevention focus

KW - promotion focus

KW - risk-taking

KW - voluntary settlement

KW - Psychology

UR - http://www.scopus.com/inward/record.url?scp=85103176237&partnerID=8YFLogxK

U2 - 10.1177/00220221211003207

DO - 10.1177/00220221211003207

M3 - Journal articles

AN - SCOPUS:85103176237

VL - 52

SP - 295

EP - 315

JO - Journal of Cross-Cultural Psychology

JF - Journal of Cross-Cultural Psychology

SN - 0022-0221

IS - 3

ER -

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DOI