Perception of own death risk

Henrik Andersson () and Petter Lundborg

Journal of Risk and Uncertainty, 2007, vol. 34, issue 1, pages 67-84

Abstract: Individuals’ perception of their own road-traffic and overall mortality risks are examined in this paper. Perceived risk is compared with the objective risk of the respondents’ peers, i.e. their own gender and age group, and the results suggest that individuals’ risk perception of their own risk is biased. For road-traffic risk we obtain similar results to what have been found previously in the literature, overassessment and underassessment among low- and high-risk groups, respectively. For overall risk we find that all risk groups underestimate their risk. The results also indicate that men's risk bias is larger than women’s. Copyright Springer Science+Business Media, LLC 2007

Keywords: Bayesian learning; Overall risk; Peers; Road-traffic risk (search for similar items in EconPapers)

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