Document Type
Article
Publication Title
Risk Analysis - An International Journal
Publication Date
5-2021
ISSN
0272-4332
Page Number
2196
Keywords
risk perception, risk management, industrial safety, risk taking, risk assessment
Disciplines
Insurance Law | Law
Abstract
This article elicits information about risk perceptions and risk–risk tradeoffs for mass shootings and international terrorist attacks. These prominent public risks are similar in many respects in that both involve traumatic injuries. One might expect that the risk–risk tradeoff rate would be 1.0 unless other attributes of these risks are pertinent. Estimates based on an original survey structured to test rates of tradeoff between deaths from these risks indicate that respondents consistently place a premium on reducing mass shooting risks, as compared to risks of international terrorism. The average premium is relatively stable even after accounting for the effect of differences in personal risk beliefs on policy preferences. The estimated rates of risk–risk tradeoff reflect a greater weight on mass shooting risks even for those who believe that international terrorism risks pose a greater personal threat.
Recommended Citation
W. Kip Viscusi and Rachel Dalafave,
Risk-Risk Tradeoffs for Mass Shootings and International Terrorism, 41 Risk Analysis - An International Journal. 2196
(2021)
Available at: https://scholarship.law.vanderbilt.edu/faculty-publications/1688