The perception of risk - Deepstash

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Daniel Kahneman: The Thought Leader Interview

The perception of risk

The perception of and reaction to risk is often dismissed as emotional. The first thing that happens is you're afraid, and from that fear, you feel risk. So the view of risk is becoming less cognitive while emotion becomes dominant.

Emotion is about what might happen, not so much the probability. The more emotional the event is, the less sensible people are.

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