Experimental and field evidence show that people perceive and evaluate new risks differently from risks that are common. In particular, people get used to the presence of certain risks and become less eager to avoid them. We explain this observation by including risks in the reference states of...

We analyze students' knowledge and risk perception of four technologies. The aim is to find out whether there is a relationship between area of study (self-selection) and progress of study (socialization) on the one hand and risk perception of technologies regarding health, environment and...

Based on the aggregated insights of the existing theories related to multiple sources of efficacy and locus of control, we introduce the theory of mixed control, a model of compound-risk perception. This theory considers outcome expectancies as being composed of expectancies regarding three...

A large body of literature studies the issues of the option price and other ex-antewelfare measures under the microeconomic theory to valuate reductions of risks inherentin environment and human health. However, it does not offer a careful discussion of howto estimate risk reduction values using...

Risk perceptions of individual investors are studied by asking experimental questions to 2,226 members of a consumer panel. Their responses are analyzed in order to find which risk measures they implicitly use. We find that most investors implicitly use more than one risk measure. For those...

A basic function of government is to manage environmental risks. This requires measurement of how the public perceive different risks, but it is hard to measure risk perceptions in a neutral, unbiased way. In a pre-registered experiment with a nationally representative sample (N = 800), we...

The concept of income security is almost 80 years old but its implementation, nevertheless, poses a serious social security problem. How is this problem seen today by those most concerned, family households? What is the perception of contingencies listed in the International Labour...

Climate change can be addressed by mitigation and adaptation approaches at the national policy level. Since only limited resources are available for both strategies, it is key to unravel how ongoing climate developments and their communication influence the population's preferences regarding the...

Recent finance and real estate empirical and analytical studies have demonstrated that downside risk appears as an intuitively appealing risk measure in which it is more consistent with investors' behaviours. Conversely, qualitative studies into the behaviours of investors, particularly real...