%0 Journal Article
%T A Bayesian perspective on biases in risk perception
%J Economics letters
%D 1985
%A Viscusi, W. Kip
%V 17
%N 1-2
%P 59-62
%X 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 />
%G 
%I Elsevier Publishing
%@ 0165-1765
%U http://dx.doi.org/10.1016/0165-1765(85)90127-2