
@article{ref1,
title="A Bayesian perspective on biases in risk perception",
journal="Economics letters",
year="1985",
author="Viscusi, W. Kip",
volume="17",
number="1-2",
pages="59-62",
abstract="Psychological risk perception studies have shown that individuals overassess low frequency events and underassess high frequency events. This letter develops a new test that reconciles these findings with the Bayesian learning approach frequently used in economic analysis.<p />",
language="",
issn="0165-1765",
doi="10.1016/0165-1765(85)90127-2",
url="http://dx.doi.org/10.1016/0165-1765(85)90127-2"
}