Tips to help clients stay focused on their risk tolerance so that their risk perception doesn’t lead them astray. These kinds of biases can put a strain on financial planning. In good times, excited ...

(top) Reaction time vs. difference between acute deterioration risk of reference condition (prostate cancer) and various conditions. (bottom). Risk perception and spatial response are clearly related.

Short but severe episodes of flooding from hurricanes in Texas and Florida triggered a nationwide increase in flood insurance sign-ups depending on how socially connected a county was to the flooded ...

Times of crises often call for strong and rapid action, but in polarized societies, strong top-down policies can backfire. Scientists present a conceptual model of how these dynamics could play out in ...