any given initial expected risk level, optimal risk-taking decisions involving uncertainty in a multi-period world should …

People seriously misjudge accident risks because they routinely neglect relevant information about exposure. Such risk … indicates that people incorporate information on the number of accidents, which is the numerator of the risk frequency … calculation. However, they appear blind to information on exposure, such as the scale of a firm's operations, which is the risk …

focus is on the practices that U.S. regulatory agencies use for assessing cancer risk, although we also provide a brief … emphasis on ex ante measurements of individuals' willingness to pay for risk reductions. We present the underlying theory, the … risk reductions. Once we have established the economic framework of efficient regulatory policies, we then provide an …

with high stated values of statistical life, who do not smoke, and who have risk beliefs that are highly elastic with …

General patterns of bias in risk beliefs are well established in the literature, but much less is known about how these … these risk beliefs varies across demographic factors, as does the switch point at which people go from underassessment to … overassessment, which we found to be 1,500 deaths annually for the full sample. Better educated people have more accurate risk …

increases and decreases in environmental health risk probabilities, for increases and decreases in costs, and reference … possible cost and health risk change combinations using data from our choice-based experiment for a nationally representative …

compensating wage differential for job safety risk revealed in the labor market via hedonic equilibrium outcomes. The decisions in …