A psychological study of the inverse relationship between perceived risk and perceived benefit
Loading...
Date
1994
Authors
Alhakami, Ali Siddiq
Slovic, Paul
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
Judgement of risk and judgments of benefit have been found to be inversely related. Activities or technologies that are judged high in risk tend to be judged low in benefit and vice-versa. In the present study, we examine the inverse relationship in detail, using two different measures of relationship between risk and benefit. We find that the inverse relationship is robust and indicative of a confounding of risk and benefit in people's minds. This confounding is linked to a person's overall evaluation of an activity or technology. Theoretical and practical implications of this risk-benefit confounding are discussed.
Description
34 pages
Keywords
Perceived risk, Perceived benefit
Citation
Alhakami, A. S., & Slovic, P. (1994). A psychological study of the inverse relationship between perceived risk and perceived benefit. Risk Analysis, 14(6), 1085-1096.