MTO Approved Certificate Program

Understanding Risk Aversion in Personal Value Systems

PERCEPTION AND RISK MANAGEMENT: RiskAversion in Personal Value System

Risk Aversion: Drivers and Impacts on Personal Values

Construction Site Working On Road

Risk aversion is a value that all drivers should have. A driver can recognize an uncertain or risky situation and take the proper steps to avert or avoid the risk.

For example, if the driver sees a construction site down the road, they may take another route to avoid the risks.

The ability to recognize and avert risks is a personal value. The drivers should train themselves to grasp this skill effectively.

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