The reliance on feelings when judging risks and benefits is one the most fundamental valuation processes in risk perception. While previous research suggest that the affect heuristic reliably predict an inverse correlation between risk and benefit judgments, it has not yet been tested if the affect heuristic is sensitive to elicitation method effects (joint/separate evaluation) and to what extend individual differences in cognitive abilities may mediate the risk-benefit correlation. Across two studies we find that 1) the risk-benefit correlation is stable across different elicitation methods and for different domains (e.g., social domain, thrill-seeking domain, health domain, economic domain etc.), and 2) the strength of the inverse correlation is tied to individual cognitive abilities - primarily cognitive reflection ability.
Discussion(0)
No comments yet. Be the first to comment.