Stimulating-Instrumental Risk Inventory (SIRI)

Zaleskiewicz, T. (2001). Beyond risk seeking and risk aversion: Personality and the dual nature of economic risk taking. European Journal of Personality, 15(S1), S105-S122. doi:10.1002/per.426


Table of Contents

Description

History of Use

References

Description:

Purpose
The SIRI was designed to assess risk preferences through self-report. It distinguishes between 2 types of risk taking:
  • Stimulating risk taking (SRT) is uncontrollable, unconcerned with the magnitude of potential losses, dominated by emotional processes and positive arousal, emphasizes potential gains, focuses on the short term, and is impulsive.
  • Instrumental risk taking (IRT) is controllable, concerned with the magnitude of potential losses, dominated by cognitive processes and negative arousal, emphasizes potential losses, focuses on the long term, and is reflective.
Questions
17 items using 4-point ratings (1 = does not describe me at all to 4 = describes me very well).
Sub-scales
2 sub-scales:
  • Stimulating risk taking (SRT)
  • Instrumental risk taking (IRT)
Domain

Psychometrics

Sample items
  • If I play a game (e.g. cards) I prefer to play for money. (SRT)
  • At work I would prefer a position with a high salary which could be lost easily to a stable position but with a lower salary. (IRT)

References:

Scale:
Zaleskiewicz, T. (2001). Beyond risk seeking and risk aversion: Personality and the dual nature of economic risk taking. European Journal of Personality, 15(S1), S105-S122. doi:10.1002/per.426

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