100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Summary Risk as analysis and risk as feelings: Some thoughts about affect, reason, risk, and rationality. $4.38
Add to cart

Summary

Summary Risk as analysis and risk as feelings: Some thoughts about affect, reason, risk, and rationality.

 1 view  0 purchase
  • Course
  • Institution

Description of the two risk analysis metods.

Preview 1 out of 2  pages

  • September 26, 2021
  • 2
  • 2021/2022
  • Summary
avatar-seller
Modern theories in cognitive psychology and neuroscience indicate that there are two fundamental
ways in which human beings comprehend risk.

- The “analytic system” uses algorithms and normative rules, such as probability calculus,
formal logic, and risk assessment. It is relatively slow, effortful, and requires conscious
control. Risk as analysis brings logic, reason, and scientific deliberation to bear on hazard
management.
- The “experiential system” is intuitive, fast, mostly automatic, and not very accessible to
conscious awareness. Risk as feelingsrefers to our fast, instinctive, and intuitive reactions to
danger.
- When our ancient instincts and our modern scientific analyses clash, we become painfully
aware of a third reality—risk as politics.



The experiential system enabled human beings to survive during their long period of evolution and
remains today the most natural and most common way to respond to risk. It relies on images and
associations, linked by experience to emotion and affect (a feeling that something is good or bad).
This system represents risk as a feeling that tells us whether it is safe to walk down this dark street or
drink this strange-smelling water.

The rational and the experiential systems operate in parallel and each seems to depend on the other
for guidance

“faint whisper of emotion” called affect. As used here, “affect” means the specific quality of
“goodness” or “badness” (1) experienced as a feeling state (with or without consciousness) and (2)
demarcating a positive or negative quality of a stimulus. Affective responses occur rapidly and
automatically—note how quickly you sense the feelings associated with the stimulus word “treasure”
or the word “hate.” We argue that reliance on such feelings can be characterized as “the affect
heuristic.”

Affect also plays a central role in what have come to be known as dual-process theories of thinking,
knowing, and information processing




We now recognize that the experiential mode of thinking and the analytic mode of thinking are
continually active, interacting in what we have characterized as “the dance of affect and reason”

The affect heuristic is a type of mental shortcut in which people make decisions that are
heavily influenced by their current emotions. ... In this case, it is the way you feel (your
affect) toward a particular stimulus that influences the decisions you make.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller DaniëlP. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $4.38. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

55628 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$4.38
  • (0)
Add to cart
Added