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How Do Risk Perceptions Respond to Information? The Case of Radon

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Author Info
Smith, V Kerry
Johnson, F Reed
Abstract

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.

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Publisher Info
Article provided by MIT Press in its journal Review of Economics & Statistics.

Volume (Year): 70 (1988)
Issue (Month): 1 (February)
Pages: 1-8
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Handle: RePEc:tpr:restat:v:70:y:1988:i:1:p:1-8

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  1. ANDERSSON Henrik, 2008. "Perception of Own Death Risk : A Reassessment of Road-Traffic Mortality Risk," Working Papers 08.26.270, LERNA, University of Toulouse. [Downloadable!]
  2. Matthew J. Neidell, 2008. "Information, Avoidance Behavior, and Health: The Effect of Ozone on Asthma Hospitalizations," NBER Working Papers 14209, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  3. Jin-Tan Liu & Meng-Wen Tsou & James Hammitt, 2007. "Health Information and Subjective Survival Probability: Evidence from Taiwan," NBER Working Papers 12864, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  4. Andersson, Henrik, 2008. "Perception of Own Death Risk: A Reassessment of Road-Traffic Mortality Risk," Working Papers 2008:11, Swedish National Road & Transport Research Institute (VTI). [Downloadable!]
  5. Andersson, Henrik & Lundborg, Petter, 2006. "Perception of Own Death Risk: An Analysis of Road-Traffic and Overall Mortality Risks," Working Papers 2006:1, Swedish National Road & Transport Research Institute (VTI).
  6. Georges Dionne & Claude Fluet & Denise Desjardins, 2006. "Perception of the Risks Associated with Impaired Driving and Effects on Driving Behavior," Cahiers de recherche 0608, CIRPEE. [Downloadable!]
  7. Huang, Ju-Chin & Haab, Timothy & Whitehead, John, 2001. "Absolute Versus Relative Risk Perceptions: An Application To Economic Values Of Seafood Safety," 2001 Annual meeting, August 5-8, Chicago, IL 20731, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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