Numeracy and Risk Literacy: What Have We Learned so Far?
Rocio Garcia-Retamero , Agata Sobków , Dafina Petrova , Dunia Garrido , Jakub Traczyk
AbstractNumerical skills are essential to make informed decisions in our daily life. Unfortunately, many people lack basic numeracy, which limits their ability to accurately interpret risks (i.e., risk literacy). In this paper, we provide an overview of research investigating the role of numeracy in two prominent domains, where most research was concentrated, health and finance. We summarize what has been learned so far in these domains and suggest promising venues for future research. We conclude that it is important to conduct interventions to improve numeracy in less numerate individuals and to help them make informed decisions and achieve better life outcomes.
|Journal series||Spanish Journal of Psychology (The), ISSN 1138-7416, (N/A 20 pkt)|
|Publication size in sheets||0.5|
|Keywords in English||finance, health, informed decision making, numeracy, risk literacy|
|ASJC Classification||; ;|
|Publication indicators||: 2017 = 0.467; : 2017 = 0.629 (2) - 2017=0.944 (5)|
|Citation count*||16 (2020-10-15)|
* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.