Temporal distance reduces the attractiveness of p-bets compared to $-bets
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- Daniela Di Bucci & Lucia Savadori, 2018. "Defining the acceptable level of risk for civil protection purposes: a behavioral perspective on the decision process," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 90(1), pages 293-324, January.
More about this item
KeywordsPsychological distance; Risk taking; Probability;
- D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
- D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
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