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.date.modified 2020-05-25T09:21:39Z
- 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.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.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.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- 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.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