Information Presentation in Decision and Risk Analysis: Answered, Partly Answered, and Unanswered Questions

Keller, LR; Wang, Y

Information Presentation in Decision and Risk Analysis: Answered, Partly Answered, and Unanswered Questions

Keller, LR Wang, Y

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Publication Type:: Journal Article
Citation:: Risk Analysis, 2017, 37 (6), pp. 1132 - 1145
Issue Date:: 2017-06-01

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Field	Value	Language
dc.contributor.author	Keller, LR	en_US
dc.contributor.author	Wang, Y https://orcid.org/0000-0002-3040-7755	en_US
dc.date.issued	2017-06-01	en_US
dc.identifier.citation	Risk Analysis, 2017, 37 (6), pp. 1132 - 1145	en_US
dc.identifier.issn	0272-4332	en_US
dc.identifier.uri	http://hdl.handle.net/10453/126887
dc.description.abstract	© 2016 Society for Risk Analysis For the last 30 years, researchers in risk analysis, decision analysis, and economics have consistently proven that decisionmakers employ different processes for evaluating and combining anticipated and actual losses, gains, delays, and surprises. Although rational models generally prescribe a consistent response, people's heuristic processes will sometimes lead them to be inconsistent in the way they respond to information presented in theoretically equivalent ways. We point out several promising future research directions by listing and detailing a series of answered, partly answered, and unanswered questions.	en_US
dc.relation.ispartof	Risk Analysis	en_US
dc.relation.isbasedon	10.1111/risa.12697	en_US
dc.subject.classification	Strategic, Defence & Security Studies	en_US
dc.title	Information Presentation in Decision and Risk Analysis: Answered, Partly Answered, and Unanswered Questions	en_US
dc.type	Journal Article
utslib.citation.volume	6	en_US
utslib.citation.volume	37	en_US
utslib.for	MD Multidisciplinary	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Marketing Discipline
utslib.copyright.status	closed_access
pubs.issue	6	en_US
pubs.publication-status	Published	en_US
pubs.volume	37	en_US

Abstract:

© 2016 Society for Risk Analysis For the last 30 years, researchers in risk analysis, decision analysis, and economics have consistently proven that decisionmakers employ different processes for evaluating and combining anticipated and actual losses, gains, delays, and surprises. Although rational models generally prescribe a consistent response, people's heuristic processes will sometimes lead them to be inconsistent in the way they respond to information presented in theoretically equivalent ways. We point out several promising future research directions by listing and detailing a series of answered, partly answered, and unanswered questions.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/126887