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Confirmatory factor analysis of DOSPERT scale with Chinese university students
Abstract:
The factor structure of the 30-item Domain Specific Risk Taking Attitude (DOSPERT) scale (Blais & Weber, 2006) was examined with a convenience sample of 205 Chinese undergraduate students from Macao. A comparison of five competing models via confirmatory factor analysis yielded empirical support for the perspective that risk-taking attitude was content-dependent. After removing the items in the Financial subscale of the DOSPERT scale and some post hoc modifications, a reasonably good fit to the four-correlated-factor model was achieved, in concordance with the theoretical framework. However, items in some scales needed further revision to purify their factor structure so that the DOSPERT scale would be a more psychometrically sound measure for investigating one's risk-taking attitudes in different life domains.
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