risk

11/26/2012 - 11:05

Some people live their lives by the motto "no risk - no fun!" and avoid hardly any risks. Others are clearly more cautious and focus primarily on safety when investing and for other business activities. Scientists from the University of Bonn in cooperation with colleagues from the University of Zurich studied the attitudes towards risk in a group of 56 subjects.

04/27/2012 - 10:53

Obese drivers are far less likely to wear seatbelts than are drivers of normal weight, a new University at Buffalo study has found, a behavior that puts them at greater risk of severe injury or death during motor vehicle crashes.

04/10/2012 - 09:15

Tests exist for evaluating personality, intelligence and memory. However, up to now, it was not easily possible to find out how good someone is at making decisions in risky situations. “Yet this is an important skill that has an enormous influence on many of our decisions,” says psychologist Edward Cokely, who came up with the idea of developing a quick test for this skill at the Max Planck Institute for Human Development in 2007. In the intervening five years, he has carried out 21 sub-studies in 15 countries with colleagues from Max Planck Director Gerd Gigerenzer's group at the Institute in Berlin and the Michigan Technological University. One of the results of the studies is the first quick test for establishing an individual’s risk intelligence.

01/12/2012 - 12:08

People aren’t very good at making decisions that involve risk. Many people are afraid of airplanes, although accidents are extremely rare; some people even drive to avoid flying, putting themselves at more risk. A new study, which will be published in an upcoming issue of Psychological Science, a journal of the Association for Psychological Science, examines how people learn about risk and finds that practice does not make perfect.