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Risk, Ctd: The Hazards of Guided Adventure
By
by Lane Wallace
One more interesting note (related to previous discussions here and here) on how we under- and over-estimate various risks in life:
"For example, Pitz (1992) cites research indicating that the difference in perceived risk in automobile driving and flying is due directly to one's perceived control of the event. In terms of mood, a happy individual is likely to underestimate the chances of a negative event while an unhappy person is likely to overestimate the chances of such an event (Salovey & Birnbaum, 1989). Wildavsky and Dake (1990) have shown that an enduring personality trait influences whether individuals perceive events as being of high or low risk. Additionally, individuals may perceive relatively lower risk in a group situation than if they were alone. This risky-shift phenomenon can lead individuals to abandon responsibility to another in the group, or to be influenced by bolder group members (Haddock, 1993; Noe, McDonald, & Hammitt, 1983). In summary, individuals often tend to perceive less risk in behaviour that is voluntary, under personal control or undertaken as part of a group."




























