1. Risk Perception and Decision Making Strategies
... contribute towards certain biases. Slavic's experiment required people to focus on assessing risks associated with certain activities and technologies. An article that summarizes Slavic's study, "How Do We Perceive Risks: Slovic Landmark Analysis," states: "Slovic masterfully summarizes the key qualitative characteristics that result in judgments that a certain activity is risky or not. People tend ... risks that they perceive as being uncontrollable, having catastrophic potential, having fatal consequences, or bearing an inequitable distribution of risks and benefits." Slovic's study d...
- Word Count: 1231
- Approx Pages: 5
- Has Bibliography
- Grade Level: Graduate