Work

Risk Realization, Emotion, and Policy Making

Year: 2004

Type: article

Abstract: People are likely to overestimate the impact of negative life events on our enduring sense of well-being. If true, this empirical finding puts policy makers in an awkward position because they are generally called upon to make policy in anticipation of , rather than in response to, such events. Nonetheless, I will argue that policy makers should take into account our tendency to overestimate the emotional impact of such events.

Source: University of Missouri School of Law Scholarship Repository (University of Missouri)

Author: Chris Guthrie

Language: English

Topic: Decision-Making and Behavioral Economics

Subfield: General Decision Sciences

Field: Decision Sciences

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W1022345787

FWCI: 0.242

Cites:

Cited by: 5

Related to: 10