Economics of Environmental Risk Information Perception and Valuation
How do risk perceptions respond to information? The case of radon
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Smith, VK; Johnson, FR
December 13, 2022
A specialized survey of Maine households' responses to information about the risks associated with radon con centrations in their homes and water supplies was used to evaluate how they form risk perceptions. The findings support a modified form of a Bayesian learning model to describe how individuals used the information to revise their risk pcrcep tions. Moreover, individuals who took some mitigating actions reported lower risk perceptions after that action. The overall results are potentially important to the use of information programs as policy instruments for risk reduction because they indicate that new information can affect risk perceptions in a systematic way.
Duke Scholars
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Smith, V. K., & Johnson, F. R. (2022). How do risk perceptions respond to information? The case of radon. In Economics of Environmental Risk Information Perception and Valuation (pp. 105–112). https://doi.org/10.4337/9781035301614.00014
Smith, V. K., and F. R. Johnson. “How do risk perceptions respond to information? The case of radon.” In Economics of Environmental Risk Information Perception and Valuation, 105–12, 2022. https://doi.org/10.4337/9781035301614.00014.
Smith VK, Johnson FR. How do risk perceptions respond to information? The case of radon. In: Economics of Environmental Risk Information Perception and Valuation. 2022. p. 105–12.
Smith, V. K., and F. R. Johnson. “How do risk perceptions respond to information? The case of radon.” Economics of Environmental Risk Information Perception and Valuation, 2022, pp. 105–12. Scopus, doi:10.4337/9781035301614.00014.
Smith VK, Johnson FR. How do risk perceptions respond to information? The case of radon. Economics of Environmental Risk Information Perception and Valuation. 2022. p. 105–112.