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Predicted risk perception and risk-taking behavior: The case of impaired driving

Georges Dionne (), Claude Fluet and Denise Desjardins ()
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Denise Desjardins: HEC Montreal, Canada Research Chair in Risk Management

No 06-4, Working Papers from HEC Montreal, Canada Research Chair in Risk Management

Abstract: Research suggests an association between risk perception and risk-taking behavior in a variety of contexts. There is empirical evidence that perceived risk is generally biased and that perception of risk influences behavior. Perception of risk can be endogenous. It is therefore more appropriate to instrument risk perception. This article studies the perception of the risks associated with impaired driving and the relation between predicted risk perception and driving behavior. We survey a sample of license-holders, half of whom are drivers with a past conviction for impaired driving, the other half or control group without such conviction. Predicted perceptual biases are shown to influence actual driving behavior.

Keywords: Risk perception; predicted risk perception; risk-taking behavior; impaired driving; traffic violation; road accident (search for similar items in EconPapers)
JEL-codes: C11 C13 D81 K42 (search for similar items in EconPapers)
Pages: 81 pages
Date: 2007-09-11
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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