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What risks do people perceive in everyday life? A perspective gained from the experience sampling method (ESM)

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dc.contributor.author Hogarth, Robin M.
dc.contributor.author Portell, Mariona
dc.contributor.author Cuxart, Anna
dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
dc.date.accessioned 2020-05-25T09:27:01Z
dc.date.available 2020-05-25T09:27:01Z
dc.date.issued 2007-01-01
dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1005
dc.identifier.citation Risk Analysis, Vol. 27, No.6, 2007 pp. 1427-1439
dc.identifier.uri http://hdl.handle.net/10230/706
dc.description.abstract The experiential sampling method (ESM) was used to collect data from 74 parttime students who described and assessed the risks involved in their current activities when interrupted at random moments by text messages. The major categories of perceived risk were short-term in nature and involved loss of time or materials related to work and physical damage (e.g., from transportation). Using techniques of multilevel analysis, we demonstrate effects of gender, emotional state, and types of risk on assessments of risk. Specifically, females do not differ from males in assessing the potential severity of risks but they see these as more likely to occur. Also, participants assessed risks to be lower when in more positive self-reported emotional states. We further demonstrate the potential of ESM by showing that risk assessments associated with current actions exceed those made retrospectively. We conclude by noting advantages and disadvantages of ESM for collecting data about risk perceptions.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.relation.ispartofseries Economics and Business Working Papers Series; 1005
dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.title What risks do people perceive in everyday life? A perspective gained from the experience sampling method (ESM)
dc.type info:eu-repo/semantics/workingPaper
dc.date.modified 2020-05-25T09:21:39Z
dc.subject.keyword experiential sampling method
dc.subject.keyword risk perception
dc.subject.keyword risk assessment
dc.subject.keyword gender differences
dc.subject.keyword multi-level analysis
dc.subject.keyword simultaneous vs. retrospective judgment
dc.subject.keyword Behavioral and Experimental Economics
dc.rights.accessRights info:eu-repo/semantics/openAccess

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