Perception of Own Death Risk: A Reassessment of Road-Traffic Mortality Risk

No 2008:11, Working Papers from Swedish National Road & Transport Research Institute (VTI)

Abstract: This study examines individuals' perception of their own road-mortality risk. Swedish data on respondents' subjective risk beliefs is used and compared with objective risk estimates. The objective risk is defined as the risk of the respondent's own age and gender group, and it is found that low and high risk groups over- and underassess their risk levels, respectively. This study replicates the analysis used by Andersson and Lundborg (2007) and the pattern of over- and underassessment found confirms their findings. As in their study, risk beliefs are updated in line with the Bayesian learning model, a relationship not statistically significant in this study, though. Regarding results of individual characteristics and risk beliefs in both studies, whereas, e.g., gender effects are robust, other results suggest a weak relationship between the perception of own road-mortality risk and individual characteristics.

Keywords: Bayesian learning; Overall risk; Peers; Road-traffic risk (search for similar items in EconPapers)
JEL-codes: C21 D81 D83 I18 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2008-10-07
New Economics Papers: this item is included in nep-hea
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Published as Andersson, Henrik, 'Perception of Own Death Risk: An Assessment of Road-Traffic Mortality Risk' in Risk Analysis, 2011, pages 1069-1082.

Downloads: (external link)
http://www.transportportal.se/SWoPEc/Andersson_Risk_perc_road.pdf (application/pdf)

Related works:
Journal Article: Perception of Own Death Risk: An Assessment of Road‐Traffic Mortality Risk (2011)
Working Paper: Perception of Own Death Risk: A Reassessment of Road-Traffic Mortality Risk (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:vtiwps:2008_011

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