Dread risk, September 11, and fatal traffic accidents.

@article{Gigerenzer2004DreadRS,
  title={Dread risk, September 11, and fatal traffic accidents.},
  author={Gerd Gigerenzer},
  journal={Psychological science},
  year={2004},
  volume={15 4},
  pages={286-7}
}
People tend to fear dread risks, that is, low-probability, high-consequence events, such as the terrorist attack on September 11, 2001. If Americans avoided the dread risk of flying after the attack and instead drove some of the unflown miles, one would expect an increase in traffic fatalities. This hypothesis was tested by analyzing data from the U.S. Department of Transportation for the 3 months following September 11. The analysis suggests that the number of Americans who lost their lives on… CONTINUE READING
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1 Excerpt

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