richardhutnik said:
If you know the consequences of failure are harsher, are you more or less likely to take risks? You know, if you don't try to do something, you won't suffer negative consequences, but if you try and fail, you will end up worse off. |
Depends on the reward.
I'll be less likely to take risks, though it's not like it's an even distribution of less risks. To be more precise i'd be less likely to make rash, ill thought out risks.
Though honestly, i'm not the kind of person that takes a lot of risks period. In general I don't tend to make bets I'm not positive i'll win, largely because i'm really content and happy with my life despite making the equivelent of $17,888 a year.
If I was unhappy, there wouldn't be any amount of risk that could keep me from attempting to be happy, I'm unhappy anyway so who gives a crap. This is why harsher penalties don't stop crimes, they just force criminals to try and think harder.
However you can bet greater risk means i'd be more likely to research it.
