Not Much Fits

A study conducted by the University of Bonn and the Berlin based German Institute for Economic Research (DIW) and Institute for the Study of Labour (IZA) has revealed that tall people were more prepared to take risks than their shorter counterparts.

This is quite an interesting study. The survey participants were asked to rate their willingness to take risks on a scale from zero (not willing to take any risks) to 10 (very willing to take risks).

They were then asked to imagine that they had just won 100,000 euros in a lottery. They could invest part of those winnings in a bank with a 50% chance they would double the amount invested within two years. But the risk of losing half of the money was also 50%.

Researchers found peoples’ willingness to take risk was most significantly associated with four factors: age, sex, height, and parental education.

Researchers said that willingness to take risks depended on body height: for every centimetre the amount invested rose by 200.