Characterizing Perceived Risk

R. W. Kates, C. Hohenemser, & J. X. Kasperson (eds.), Perilous progress: Managing the Hazards of Technology, pp. 91-125, Westview, 1985

35 Pages Posted: 5 Dec 2012

See all articles by Paul Slovic

Paul Slovic

Decision Research; University of Oregon - Department of Psychology

Baruch Fischhoff

Department of Engineering and Public Policy, Institute for Politics and Strategy, Carnegie Mellon University

Sarah Lichtenstein

Decision Research

Date Written: 1985

Abstract

In this chapter, we report on three psychometric scaling studies, summarized in Table 1. In each study, participants rated a given set of hazards on a range of risk characteristics and indicated the degree of risk reduction and regulation they desired. Based on this data, we explore the relationships among risk characteristics and a smaller number of dimensions (factors) derived from them. We also relate risk characteristics to people's perception of risk and their desire for risk reduction and regulation. Our work builds on and extends earlier studies with a smaller number of hazards and risk characteristics (Fischhoff et al., 1978).

Keywords: risk perception, risk regulation, risk characteristics

JEL Classification: D81

Suggested Citation

Slovic, Paul and Fischhoff, Baruch and Lichtenstein, Sarah, Characterizing Perceived Risk (1985). R. W. Kates, C. Hohenemser, & J. X. Kasperson (eds.), Perilous progress: Managing the Hazards of Technology, pp. 91-125, Westview, 1985. Available at SSRN: https://ssrn.com/abstract=2185557

Paul Slovic (Contact Author)

Decision Research ( email )

1201 Oak Street, Suite 200
Eugene, OR 97401
United States
541-485-2400 (Phone)
541-485-2403 (Fax)

HOME PAGE: http://www.decisionresearch.org

University of Oregon - Department of Psychology ( email )

Eugene, OR 97403
United States
541-485-2400 (Phone)

Baruch Fischhoff

Department of Engineering and Public Policy, Institute for Politics and Strategy, Carnegie Mellon University ( email )

Baker Hall 129
5000 Forbes Avenue
Pittsburgh, PA 15213
United States
412-268-3246 (Phone)

Sarah Lichtenstein

Decision Research ( email )

1201 Oak Street, Suite 200
Eugene, OR 97401
United States

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