Risky Business: Prospect Theory and Politics

@inproceedings{Peterson1989RiskyBP,
  title={Risky Business: Prospect Theory and Politics},
  author={Steven A. Peterson and Robert Lawson},
  year={1989}
}
Prospect theory suggests that individuals' orientations toward risk affect people's behavior. This essay considers political implications, exploring the extent to which people's views about risk influence status quo orientations, political participation, and political involvement. Data from a student sample are used to test these expected relationships.