Working Papers, Swedish National Road & Transport Research Institute (VTI)
No 2008:11:
Perception of Own Death Risk: A Reassessment of Road-Traffic Mortality Risk
Henrik Andersson ()
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; (follow links to similar papers)
JEL-Codes: C21; D81; D83; I18; (follow links to similar papers)
20 pages, October 7, 2008
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- This paper is published as:
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Andersson, Henrik, (2011), 'Perception of Own Death Risk: An Assessment of Road-Traffic Mortality Risk', Risk Analysis, Vol. 31, No. 7, pages 1069-1082
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