On safety, protection, and underweighting of rare events

D Cohen, I Erev - Safety science, 2018 - Elsevier
The current research clarifies the conditions under which safety enhancing interventions
backfire. A laboratory experiment compares three repeated choice conditions. In Condition …

The effect of safe experience on a warnings' impact: Sex, drugs, and rock-n-roll

G Barron, S Leider, J Stack - Organizational Behavior and Human Decision …, 2008 - Elsevier
In many contexts we are warned against engaging in risky behavior only after having past
safe experience. We examine the effect of safe experience on a warning's impact by …

Reliance on small samples and the value of taxing reckless behaviors

O Yakobi, D Cohen, E Naveh, I Erev - Judgment and Decision …, 2020 - cambridge.org
New technology can be used to enhance safety by imposing costs, or taxes, on certain
reckless behaviors. The current paper presents two pre-registered experiments that clarify …

Extreme outcomes sway risky decisions from experience

EA Ludvig, CR Madan… - Journal of Behavioral …, 2014 - Wiley Online Library
Whether buying stocks or playing the slots, people making real‐world risky decisions often
rely on their experiences with the risks and rewards. These decisions, however, do not occur …

The impact of variability and prechoice experience on taking safety measures: The case of security updates

E Aharonov‐Majar, P Rajivan… - Journal of Behavioral …, 2020 - Wiley Online Library
The goal of this research is to clarify the conditions that trigger reluctance to take cost‐
effective safety measures. We present three experiments. In two of the experiments, the …

The influence of biased exposure to forgone outcomes

O Plonsky, K Teodorescu - Journal of Behavioral Decision …, 2020 - Wiley Online Library
After making decisions, we often get feedback concerning forgone outcomes (what would
have happened had we chosen differently). Yet, many times, our exposure to such feedback …

Decision making for low probability events: a conceptual framework

HC Kunreuther - 1980 - pure.iiasa.ac.at
Recent empirical evidence from field surveys and controlled laboratory experiments reveal
anomalies with respect to decisions by individuals to protect themselves against low …

Risk compensation: Implications for safety interventions

A Stetzer, DA Hofmann - Organizational Behavior and Human Decision …, 1996 - Elsevier
Several theories of driving behavior have suggested that individuals will react to
environmental changes in a compensatory fashion such that riskier behaviors result from …

Risk and safety indicators

D Rae - Handbook of safety principles, 2017 - Wiley Online Library
Many safety decisions rely on accurate knowledge about the current state of safety. Both the
absolute amount of safety and the trend toward increasing or decreasing safety are used to …

Rare and extreme outcomes in risky choice

A Mason, EA Ludvig, ML Spetch, CR Madan - Psychonomic Bulletin & …, 2024 - Springer
Many real-world decisions involving rare events also involve extreme outcomes. Despite this
confluence, decisions-from-experience research has only examined the impact of rarity and …