New research published in the Journal of Personality and Social Psychology has found a racial bias in the social perception of risk-taking. The study indicates that stereotypes about Black people in the United States are associated with reckless risk-taking, while stereotypes about White people are associated with responsible risk-taking. The findings also provide evidence that these biased perceptions can result in harmful financial consequences for Black individuals. “Generally speaking, I have always been fascinated with understanding what people think about each other and why. Such thinkin…