The relative input of payoffs and probabilities into risk judgment

Agata Michalaszek , Joanna Sokołowska

Abstract

The study was designed to investigate the relative input of payoffs and probabilities into risk judgment on the basis of the analysis of information search pattern. The modified version of MouselabWeb software (http://www.mouselabweb.org) was used as an investigative tool. The amount, the kind and the order of information accessed by subjects to evaluate risk was collected from ordinary respondents and respondents trained in mathematics and statistics. In the latter group were 75 students and young researchers working at National Aeronautics and Space Administration (NASA). The ordinary subjects were 67 Polish students of social sciences. As expected, the NASA group considered more information than ordinary students and searched for more information about probabilities. However, the ratio of information about payoffs to probabilities was close to 1 in both groups. Moreover, average risk rates were similar in both groups. It was also observed that risk rates were positively related with the amount of information about probabilities considered by subjects. Keywords: risk perception, risk judgment, holistic judgment, dimensional model
Author Agata Michalaszek (Wydział Psychologii)
Agata Michalaszek,,
- Wydział Psychologii
, Joanna Sokołowska (Wydział Psychologii)
Joanna Sokołowska,,
- Wydział Psychologii
Journal seriesPolish Psychological Bulletin, ISSN 0079-2993, e-ISSN 1641-7844, (B 15 pkt)
Issue year2010
Vol41
No2
Pages46-51
Publication size in sheets0.5
Keywords in Englishrisk perception, risk judgment, holistic judgment, dimensional model
ASJC Classification3200 General Psychology
DOIDOI:10.2478/v10059-010-0006-2
URL http://ppb.czasopisma.pan.pl/index.php?option=com_content&view=article&id=50:no-2-2010&catid=45:wydania&Itemid=143
Languageen angielski
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Score (nominal)0
Publication indicators Scopus SNIP (Source Normalised Impact per Paper): 2010 = 0.153
Citation count*1 (2020-09-27)
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Dorobek Naukowy - Preview URLhttp://dn.swps.edu.pl/Podglad.aspx?WpisID=4139
Dorobek Naukowy - Approve URLhttp://dn.swps.edu.pl/Biuro/ZatwierdzanieWpisu.aspx?WpisID=4139
Dorobek Naukowy - Preview URLhttp://dn.swps.edu.pl/Podglad.aspx?WpisID=4882
Dorobek Naukowy - Approve URLhttp://dn.swps.edu.pl/Biuro/ZatwierdzanieWpisu.aspx?WpisID=4882
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* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
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