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The Psychology of Risk. Risk surrounds and envelops us. Without understanding it, we risk every-thing and without capitalising on it, we gain nothing. This accessible new book from Glynis M. Breakwell comprehensively explores the psychology of risk, examining how individuals think, feel and act, as well as considering the institutional and ...
1 Σεπ 2017 · The psychology of risk is the study and understanding of the mental processes underlying our responses to risky situations, the recognition of a risk’s impact, and the development of frameworks that can help individuals make sound judgments in the face of risk.
26 Μαΐ 2011 · ‘Defining Risk’ looks at how risks can be specified so we can make choices about them. Effectively defining risk is essential to improving outcomes, but it can lead to a lack of moral feeling or sympathy.
7 Μαρ 2021 · Risk taking (RT) is a component of the decision-making process in situations that involve uncertainty and in which the probability of all outcomes – rewards and/or negative consequences (Brand et al., 2007) – is already known (Bechara et al., 2005; Krain et al., 2006).
This book offers a robust psychological understanding of risk perception & risk taking behavior by exploring the cognitive, emotional, & personality factors that contribute to differences in risk taking & by advancing an understanding of the nuances that social demographics bring to risk decisions.
The psychology of risk is a fascinating field that sheds light on the intricacies of human decision-making. By understanding the influence of cognitive biases, emotions, heuristics, and framing effects, we can navigate the complexities of risk with greater clarity and objectivity.
Most definitions of a decision problem include (1) the courses of action or alternatives available to the decision maker; (2) the possible outcomes and values attached to them, conditional on the actions; and (3) the events or contingencies that relate actions to...
