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Confusion of Relative and Absolute Risk in Valuation

Citations

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Cited by:

  1. Moore, Don A. & Cain, Daylian M., 2007. "Overconfidence and underconfidence: When and why people underestimate (and overestimate) the competition," Organizational Behavior and Human Decision Processes, Elsevier, vol. 103(2), pages 197-213, July.
  2. Herrera-Araujo, Daniel & Rheinberger, Christoph M. & Hammitt, James K., 2022. "Valuing non-marginal changes in mortality and morbidity risk," Journal of Health Economics, Elsevier, vol. 84(C).
  3. Gabriel Picone & Frank Sloan & Donald Taylor, 2004. "Effects of Risk and Time Preference and Expected Longevity on Demand for Medical Tests," Journal of Risk and Uncertainty, Springer, vol. 28(1), pages 39-53, January.
  4. Alberini, Anna & Ščasný, Milan, 2018. "The benefits of avoiding cancer (or dying from cancer): Evidence from a four- country study," Journal of Health Economics, Elsevier, vol. 57(C), pages 249-262.
  5. F. Vogt & D. Mason & T. M. Marteau, 2012. "Crediting Treatments for Good Outcomes That Would Have Happened Anyway," Medical Decision Making, , vol. 32(2), pages 301-310, March.
  6. Lucius Caviola & Nadira Faulmüller & Jim. A. C. Everett & Julian Savulescu & Guy Kahane, 2014. "The evaluability bias in charitable giving: Saving administration costs or saving lives?," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 9(4), pages 303-315, July.
  7. Peter Wakker & Veronika Köbberling & Christiane Schwieren, 2007. "Prospect-theory’s Diminishing Sensitivity Versus Economics’ Intrinsic Utility of Money: How the Introduction of the Euro can be Used to Disentangle the Two Empirically," Theory and Decision, Springer, vol. 63(3), pages 205-231, November.
  8. Brian J. Zikmund-Fisher & Angela Fagerlin & Peter A. Ubel, 2010. "A Demonstration of ‘‘Less Can Be More’’ in Risk Graphics," Medical Decision Making, , vol. 30(6), pages 661-671, November.
  9. Stephan Dickert & Janet Kleber & Ellen Peters & Paul Slovic, 2011. "Numeracy as a precursor to pro-social behavior: The impact of numeracy and presentation format on the cognitive mechanisms underlying donation decisions," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 6(7), pages 638-650, October.
  10. repec:cup:judgdm:v:1:y:2006:i::p:64-75 is not listed on IDEAS
  11. Christoph M. Rheinberger & Felix Schläpfer & Michael Lobsiger, 2017. "A Novel Approach to Estimating the Demand Value of Road Safety," Working Papers 2017.15, Fondazione Eni Enrico Mattei.
  12. Bartels, Daniel M., 2006. "Proportion dominance: The generality and variability of favoring relative savings over absolute savings," Organizational Behavior and Human Decision Processes, Elsevier, vol. 100(1), pages 76-95, May.
  13. Coby Morvinski, 2022. "The effect of unavailable donation opportunities on donation choice," Marketing Letters, Springer, vol. 33(1), pages 45-60, March.
  14. repec:cup:judgdm:v:14:y:2019:i:2:p:187-198 is not listed on IDEAS
  15. Jorge Eduardo Martínez Pérez & José María Abellán Perpiñán & José Luis Pinto Prades, 2007. "El Valor Monetario de la Vida Estadística en España a través de las Preferencias Declaradas," Hacienda Pública Española / Review of Public Economics, IEF, vol. 183(4), pages 125-144, december.
  16. Anna Alberini, 2004. "Robustness of VSL Values from Contingent Valuation Surveys," Working Papers 2004.135, Fondazione Eni Enrico Mattei.
  17. repec:cup:judgdm:v:12:y:2017:i:1:p:60-80 is not listed on IDEAS
  18. Paul Slovic, 2007. ""If I look at the mass I will never act": Psychic numbing and genocide," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 2, pages 79-95, April.
  19. Klose, Thomas, 1999. "The contingent valuation method in health care," Health Policy, Elsevier, vol. 47(2), pages 97-123, May.
  20. Don A. Moore, 2007. "When good = better than average," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 2, pages 277-291, October.
  21. Samuel D. Bond & Kurt A. Carlson & Ralph L. Keeney, 2008. "Generating Objectives: Can Decision Makers Articulate What They Want?," Management Science, INFORMS, vol. 54(1), pages 56-70, January.
  22. Arvid Erlandsson, 2021. "Seven (weak and strong) helping effects systematically tested in separate evaluation, joint evaluation and forced choice," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 16(5), pages 1113-1154, September.
  23. Johanna Wiss & Lars-Ake Levin & David Andersson & Gustav Tinghög, 2017. "Prioritizing Rare Diseases: Psychological Effects Influencing Medical Decision Making," Medical Decision Making, , vol. 37(5), pages 567-576, July.
  24. Ezra M. Markowitz & Paul Slovic & Daniel Vastfjall & Sara D. Hodges, 2013. "Compassion fade and the challenge of environmental conservation," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 8(4), pages 397-406, July.
  25. George Houtven & Melonie Sullivan & Chris Dockins, 2008. "Cancer premiums and latency effects: A risk tradeoff approach for valuing reductions in fatal cancer risks," Journal of Risk and Uncertainty, Springer, vol. 36(2), pages 179-199, April.
  26. Jennifer Amsterlaw & Brian Zikmund-Fisher & Angela Fagerlin & Peter A. Ubel, 2006. "Can avoidance of complications lead to biased healthcare decisions?," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 1, pages 64-75, July.
  27. Kirill Gavrilov, 2013. "Risk, psychophysical numbing and value of individual and community lives: an empirical study," HSE Working papers WP BRP 09/PSY/2013, National Research University Higher School of Economics.
  28. Justin O. Parkhurst, 2016. "Appeals to evidence for the resolution of wicked problems: the origins and mechanisms of evidentiary bias," Policy Sciences, Springer;Society of Policy Sciences, vol. 49(4), pages 373-393, December.
  29. Erlandsson, Arvid & Västfjäll, Daniel & Sundfelt, Oskar & Slovic, Paul, 2016. "Argument-inconsistency in charity appeals: Statistical information about the scope of the problem decrease helping toward a single identified victim but not helping toward many non-identified victims ," Journal of Economic Psychology, Elsevier, vol. 56(C), pages 126-140.
  30. Marielle Brunette, 2012. "Do risk communication methods perform to generate rationality?," Working Papers - Cahiers du LEF 2012-01, Laboratoire d'Economie Forestiere, AgroParisTech-INRA.
  31. Marta Caserotti & Enrico Rubaltelli & Paul Slovic, 2019. "How decision context changes the balance between cost and benefit increasing charitable donations," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 14(2), pages 187-198, March.
  32. Stone, Eric R. & Sieck, Winston R. & Bull, Benita E. & Frank Yates, J. & Parks, Stephanie C. & Rush, Carolyn J., 2003. "Foreground:background salience: Explaining the effects of graphical displays on risk avoidance," Organizational Behavior and Human Decision Processes, Elsevier, vol. 90(1), pages 19-36, January.
  33. Christoph M. Rheinberger, 2010. "Experimental Evidence Against the Paradigm of Mortality Risk Aversion," Risk Analysis, John Wiley & Sons, vol. 30(4), pages 590-604, April.
  34. Small, Deborah A. & Loewenstein, George & Slovic, Paul, 2007. "Sympathy and callousness: The impact of deliberative thought on donations to identifiable and statistical victims," Organizational Behavior and Human Decision Processes, Elsevier, vol. 102(2), pages 143-153, March.
  35. Anna Alberini, 2005. "What Is a Life Worth? Robustness of VSL Values from Contingent Valuation Surveys," Risk Analysis, John Wiley & Sons, vol. 25(4), pages 783-800, August.
  36. Slovic, Paul & Finucane, Melissa L. & Peters, Ellen & MacGregor, Donald G., 2007. "The affect heuristic," European Journal of Operational Research, Elsevier, vol. 177(3), pages 1333-1352, March.
  37. Jytte Seested Nielsen & Susan Chilton & Hugh Metcalf, 2019. "Improving the risk–risk trade-off method for use in safety project appraisal responses," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 21(1), pages 61-86, January.
  38. Friedrich, James & Lucas, Gale & Hodell, Emily, 2005. "Proportional reasoning, framing effects, and affirmative action: Is six of one really half a dozen of another in university admissions?," Organizational Behavior and Human Decision Processes, Elsevier, vol. 98(2), pages 195-215, November.
  39. Scott K. Aberegg & Hal Arkes & Peter B. Terry, 2006. "Failure to Adopt Beneficial Therapies Caused by Bias in Medical Evidence Evaluation," Medical Decision Making, , vol. 26(6), pages 575-582, November.
  40. Paul Slovic & Melissa L. Finucane & Ellen Peters & Donald G. MacGregor, 2004. "Risk as Analysis and Risk as Feelings: Some Thoughts about Affect, Reason, Risk, and Rationality," Risk Analysis, John Wiley & Sons, vol. 24(2), pages 311-322, April.
  41. Taylor, Kendra C., 2018. "Teaching decision-making and building resilience in youth – A case study to reduce the supply of vulnerable youth to sex traffickers in Atlanta, Georgia," European Journal of Operational Research, Elsevier, vol. 268(3), pages 960-970.
  42. repec:cup:judgdm:v:3:y:2008:i:8:p:595-606 is not listed on IDEAS
  43. repec:cup:judgdm:v:11:y:2016:i:5:p:441-448 is not listed on IDEAS
  44. repec:cup:judgdm:v:1:y:2006:i::p:134-145 is not listed on IDEAS
  45. Shahar Ayal & Guy Hochman & Dan Zakay, 2011. "Two sides of the same coin: Information processing style and reverse biases," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 6(4), pages 295-306, June.
  46. Roy, Michael M. & Liersch, Michael J. & Broomell, Stephen, 2013. "People believe that they are prototypically good or bad," Organizational Behavior and Human Decision Processes, Elsevier, vol. 122(2), pages 200-213.
  47. repec:cup:judgdm:v:2:y:2007:i::p:79-95 is not listed on IDEAS
  48. Michael L. DeKay & John C. Hershey & Mark D. Spranca, & Peter A. Ubel & David A. Asch, 2006. "Are medical treatments for individuals and groups like single-play and multiple-play gambles?," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 1, pages 134-145, November.
  49. repec:cup:judgdm:v:9:y:2014:i:4:p:303-315 is not listed on IDEAS
  50. repec:cup:judgdm:v:16:y:2021:i:5:p:1113-1154 is not listed on IDEAS
  51. Dorte Gyrd‐Hansen & Ivar Sønbø Kristiansen & Jørgen Nexøe & Jesper Bo Nielsen, 2003. "How Do Individuals Apply Risk Information When Choosing Among Health Care Interventions?," Risk Analysis, John Wiley & Sons, vol. 23(4), pages 697-704, August.
  52. Kjær, Trine & Nielsen, Jytte Seested, 2016. "An investigation into procedure (in)variance in the valuation of mortality risk reductions," DaCHE discussion papers 2016:4, University of Southern Denmark, Dache - Danish Centre for Health Economics.
  53. Slovic, Paul & Finucane, Melissa & Peters, Ellen & MacGregor, Donald G., 2002. "Rational actors or rational fools: implications of the affect heuristic for behavioral economics," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 31(4), pages 329-342.
  54. Jonathan Baron & Gerald B. Holzman & Jay Schulkin, 1998. "Attitudes of Obstetricians and Gynecologists toward Hormone Replacement Therapy," Medical Decision Making, , vol. 18(4), pages 406-411, October.
  55. Tehila Kogut & Ruth Beyth-Marom, 2008. "Who helps more? How self-other discrepancies influence decisions in helping situations," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 3(8), pages 595-606, December.
  56. Rheinberger, Christoph M. & Schläpfer, Felix & Lobsiger, Michael, 2018. "A novel approach to estimating the demand value of public safety," Journal of Environmental Economics and Management, Elsevier, vol. 89(C), pages 285-305.
  57. Andersson, Henrik, 2006. "Willingness to Pay for Road Safety and Estimates of the Risk of Death: Evidence from a Swedish Contingent Valuation Study," Working Papers 2006:5, Swedish National Road & Transport Research Institute (VTI).
  58. Collins, Dorothy L. & Street Jr., Richard L., 2009. "A dialogic model of conversations about risk: Coordinating perceptions and achieving quality decisions in cancer care," Social Science & Medicine, Elsevier, vol. 68(8), pages 1506-1512, April.
  59. Mahasuweerachai, Phumsith & Pangjai, Siwarut, 2016. "Scope Insensitivity in Child's Health Risk Reduction: A Comparison of Damage Schedule and Choice Experiment Methods," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235577, Agricultural and Applied Economics Association.
  60. Arvid Erlandsson & Fredrik Björklund & Martin Bäckström, 2017. "Choice-justifications after allocating resources in helping dilemmas," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 12(1), pages 60-80, January.
  61. Moore, Don A., 2007. "Not so above average after all: When people believe they are worse than average and its implications for theories of bias in social comparison," Organizational Behavior and Human Decision Processes, Elsevier, vol. 102(1), pages 42-58, January.
  62. repec:cup:judgdm:v:2:y:2007:i::p:277-291 is not listed on IDEAS
  63. Christine L. Exley & Judd B. Kessler, 2017. "Motivated Errors," Harvard Business School Working Papers 18-017, Harvard Business School, revised May 2018.
  64. repec:cup:judgdm:v:6:y:2011:i:7:p:638-650 is not listed on IDEAS
  65. repec:cup:judgdm:v:6:y:2011:i:4:p:295-306 is not listed on IDEAS
  66. Butts, Marcus M. & Lunt, Devin C. & Freling, Traci L. & Gabriel, Allison S., 2019. "Helping one or helping many? A theoretical integration and meta-analytic review of the compassion fade literature," Organizational Behavior and Human Decision Processes, Elsevier, vol. 151(C), pages 16-33.
  67. Erlandsson, Arvid & Björklund, Fredrik & Bäckström, Martin, 2015. "Emotional reactions, perceived impact and perceived responsibility mediate the identifiable victim effect, proportion dominance effect and in-group effect respectively," Organizational Behavior and Human Decision Processes, Elsevier, vol. 127(C), pages 1-14.
  68. Cryder, Cynthia E. & Loewenstein, George & Scheines, Richard, 2013. "The donor is in the details," Organizational Behavior and Human Decision Processes, Elsevier, vol. 120(1), pages 15-23.
  69. repec:cup:judgdm:v:8:y:2013:i:4:p:397-406 is not listed on IDEAS
  70. André Mata, 2016. "Proportion dominance in valuing lives: The role of deliberative thinking," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 11(5), pages 441-448, September.
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