Summary Predicted Risk Perception and Risk-Taking Behavior: The Case of Impaired Driving
Empirical evidence has not only shown a relationship between perceived risks and risk-taking behavior, but also observed that they are generally biased compared to objective risks. These biases, although varied by individuals’ past experiences, have shown a very interesting pattern; individuals tend to underestimate high risks and overestimate low risks. It is of paramount significance to understand how risk perception influences risk-taking behavior.
Written for
- Institution
- South Texas College
- Course
- TMGT 4304 Safety and Risk Management (TMGT4304)
Document information
- Uploaded on
- April 26, 2022
- Number of pages
- 2
- Written in
- 2014/2015
- Type
- Summary
Subjects
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business
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administration
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management
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economics
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human
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resources
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technology
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predicted
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risk
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perception
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risk taking
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taking
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behavior
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case
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impared
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driving
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