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Icebreakers

RiskRing®

You will need a one-metre diameter hoop and some tennis balls. Lay the hoop on the ground and place 25 markers, one metre apart, from 1 to 25 metres away from the centre of the hoop. Given each marker a score as follows:

DistanceScore
1m1
2m4
3m9
4m16
5m25
 
DistanceScore
6m36
7m49
8m64
9m81
10m100
 
DistanceScore
11m121
12m144
13m169
14m196
15m225
 
DistanceScore
16m256
17m289
18m324
19m361
20m400
DistanceScore
21m441
22m484
23m529
24m576
25m625

Participants take turns to try and throw 10 balls so that they land in the ring formed by the hoop. They can choose the distance from which they throw the balls. If a ball lands in the ring, the participant's score is increased depending on the distance from the centre of the ring, but the score is decreased by the same amount if a ball lands outside of the ring.

Debrief by discussing people's approach to this exercise. Did they 'play safe' and go for a low but certain score or did they take a more risky approach by throwing the balls from a greater distance?

Also see our Computerised Risk Attitude Questionnaire.


Additional information

There are four risk types and two risk attitudes.

Risk types

  • Reckless (High risk, Low gain)
  • Entrepreneurial (High risk, High gain)
  • Opportunistic (Low risk, High gain)
  • Cautious (Low risk, Low gain)

Reckless beats Entrepreneurial
Entrepreneurial beats Opportunistic
Opportunistic beats Cautious

Risk attitudes

  • Risk-avoiding
  • Risk-seeking



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