Numeracy and Risk Literacy: What Have We Learned so Far?

Rocio Garcia-Retamero , Agata Sobków , Dafina Petrova , Dunia Garrido , Jakub Traczyk


Numerical 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.
Author Rocio Garcia-Retamero
Rocio Garcia-Retamero,,
, Agata Sobków (Filia we Wrocławiu / II Wydział Psychologii we Wrocławiu)
Agata Sobków,,
- II Wydział Psychologii we Wrocławiu
, Dafina Petrova
Dafina Petrova,,
, Dunia Garrido
Dunia Garrido,,
, Jakub Traczyk (Filia we Wrocławiu / II Wydział Psychologii we Wrocławiu)
Jakub Traczyk,,
- II Wydział Psychologii we Wrocławiu
Journal seriesSpanish Journal of Psychology (The), ISSN 1138-7416, (N/A 20 pkt)
Issue year2019
No10 (online)
Publication size in sheets0.5
Keywords in Englishfinance, health, informed decision making, numeracy, risk literacy
ASJC Classification3310 Linguistics and Language; 3200 General Psychology; 1203 Language and Linguistics
Languageen angielski
Numeracy and risk_tekst.pdf 547.16 KB
Additional file
Numeracy and risk_oswiadczenie Traczyk Sobkow.pdf 308.55 KB
Score (nominal)20
Score sourcejournalList
Publication indicators Scopus SNIP (Source Normalised Impact per Paper): 2017 = 0.467; WoS Impact Factor: 2017 = 0.629 (2) - 2017=0.944 (5)
Citation count*19 (2021-03-03)
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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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