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Consuming Risk, Consuming Science
Journal of Consumer Culture, 2002This article presents some findings from a study investigating notions of risk among Britons, with a focus on interviewees working as professionals in high technology (high-tech) or science industries. The discussion examines our interviewees’ responses to risks related to the consumption of genetically modified (GM) food.
John Tulloch, Deborah Lupton
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Consumer Perceptions of Financial Risk [PDF]
by Stephen Diacon and Christine Ennew1. IntroductionRisk perceptions are important in an environment where individual actors have limitedinformation and are rational only to a certain extent, and where there is no universally agreedunderstanding of how risk should be conceptualized or measured.
Stephen Diacon, Christine Ennew
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Risk Aversion and Consumer Preferences
Econometrica, 1977The first part of this article integrates the concept of (relative) risk aversion with respect to income (r) with the static analysis of demand for many commodities. Alternative representations of preferences and demand functions, using duality, give rise to many alternative representations and interpretations of r, and to theorems regarding attitudes ...
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Risk perception in consumer product use
Accident Analysis & Prevention, 2000In the literature, at least two distinct connotations of risk can be found: so called objective risk, defined as the ratio of a particular number of accidents and a measure of exposure, and subjective risk, defined as the perception and awareness of risks by the person(s) involved. This article explores the significance of risk perception and awareness
M F, Weegels, H, Kanis
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Malpractice: Provider Risk or Consumer Protection?
American Journal of Medical Quality, 2001The National Practitioner Data Bank (NPDB) began operation in September 1990 as a clearinghouse for adverse action, licensure, and malpractice information in an effort to protect consumers and promote quality in health care. This study analyzed 66,107 and 1291 records of payments made for 50,396 physicians and 1218 nurses, respectively, from 1994 ...
N, Fanaeian, E, Merwin
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"Sales" and Risk-Averse Consumers
Economica, 1983The purpose of this note is to demonstrate that, even with a single producer in the market and with homogeneous consumers, a firm might find it optimal to conduct "sales" of its product. Conducting "sales" is an attractive strategy when the consumers are more risk-averse than the producer is, and there is some uncertainty about the required amount of ...
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2005
In the current context of health crises, many economic and social sciences studies have tried to describe and analyse consumer behaviour related to food risk. These studies share two premises: they consider the act of consuming as an individual behaviour and credit consumers with “risk perceptions” which direct their choice.
Torny, Didier, Torny, Didier
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In the current context of health crises, many economic and social sciences studies have tried to describe and analyse consumer behaviour related to food risk. These studies share two premises: they consider the act of consuming as an individual behaviour and credit consumers with “risk perceptions” which direct their choice.
Torny, Didier, Torny, Didier
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Modelling consumer credit risk
IMA Journal of Management Mathematics, 2001zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Consumers' Risk Reduction Strategies
2021The aim of this study is to examine the relationship between risk type, categorical involvement, and risk reduction strategies within a comprehensive framework. The study is composed of two stages. Final results, obtained from questionnaire data, reveal that categorically involved consumers engage in more personal risk reduction strategies, usually at ...
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