How Do Risk Perceptions Respond to Information? The Case of Radon.
A specialized survey of Maine households' responses to information about the risks associate d with radon concentrations in their homes and water supplies was use d to evaluate how they form risk perceptions. The findings support a modified form of a Bayesian learning model to describe how individual s used the information to revise their risk perceptions. Moreover, in dividuals who took some mitigating actions reported lower risk percep tions after that action. The overall results are potentially importan t to the use of information programs as policy instruments for risk r eduction because they indicate that new information can affect risk p erceptions in a systematic way. Copyright 1988 by MIT Press.
Year of publication: |
1988
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Authors: | Smith, V Kerry ; Johnson, F Reed |
Published in: |
The Review of Economics and Statistics. - MIT Press. - Vol. 70.1988, 1, p. 1-8
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Publisher: |
MIT Press |
Saved in:
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