Emotion and reason in everyday risk perception

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• dc.contributor.author Hogarth, Robin M.ca
• dc.contributor.author Portell, Marionaca
• dc.contributor.author Cuxart, Annaca
• dc.contributor.author Kolev, Gueorgui I.ca
• dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
• dc.date.accessioned 2017-07-26T10:50:27Z
• dc.date.available 2017-07-26T10:50:27Z
• dc.date.issued 2008-09-01
• dc.date.modified 2017-07-23T02:12:04Z
• dc.description.abstract Although research has documented the importance of emotion in risk perception, little is known about its prevalence in everyday life. Using the Experience Sampling Method, 94 part-time students were prompted at random via cellular telephones to report on mood state and three emotions and to assess risk on thirty occasions during their working hours. The emotions valence, arousal, and dominance were measured using self-assessment manikins (Bradley & Lang, 1994). Hierarchical linear models (HLM) revealed that mood state and emotions explained significant variance in risk perception. In addition, valence and arousal accounted for variance over and above reason (measured by severity and possibility of risks). Six risks were reassessed in a post-experimental session and found to be lower than their real-time counterparts. The study demonstrates the feasibility and value of collecting representative samples of data with simple technology. Evidence for the statistical consistency of the HLM estimates is provided in an Appendix.
• dc.format.mimetype application/pdfca
• dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1108
• dc.identifier.citation Journal of Behavioral Decision Making, 24 (2), 202-222, March 2011
• dc.identifier.uri http://hdl.handle.net/10230/1187
• dc.language.iso eng
• dc.relation.ispartofseries Economics and Business Working Papers Series; 1108
• 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 representative design
• dc.subject.keyword experience sampling method
• dc.subject.keyword risk perception; emotional reactions
• dc.subject.keyword self-assessment manikins (sam)
• dc.subject.keyword retrospective judgment
• dc.subject.keyword multilevel analysis
• dc.subject.keyword Behavioral and Experimental Economics
• dc.title Emotion and reason in everyday risk perceptionca
• dc.type info:eu-repo/semantics/workingPaper