Below are 2 resources for a correlational model that depicts the effect of potential risk based on an individual's skill level. I have seen quite a few different variations of this diagram; however, this is the only one I can find at the moment. It should provide a good starting point for those of you who are interested in this area.
Mountain Madness: Guided mountaineering in New Zealand's Southern Alps
Anna CarrFirst published February 2002
Reference
Also, there is another article that uses the same correlational diagram:
McIntyre, Norman. (1999). Investigating adventure experiences: an experiential sampling approach. Scisco Conscientia. 1(1): 1-13.
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