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Effects of Terrorism Threat on Economic Preferences: The Role of Personality

Velias, A. and Corr, P. J. ORCID: 0000-0002-7618-0058 Effects of Terrorism Threat on Economic Preferences: The Role of Personality. Journal of Terrorism Research, 8(2), pp. 62-72. doi: 10.15664/jtr.1305

Abstract

Certain threats, such as terrorism tend to have a low probability of affecting us directly, yet reminders of them (such as media news) are striking. Could individuals with particular personality traits find them distractive from the usual priorities in daily decision-making? This study explored the putative effects of media-driven terrorism threat, on two economic preferences (risk aversion and delay discounting) - using a sample reasonably closely representative of a modern Western city. Participants (N = 78) higher on impulsivity showed lower risk-seeking under terrorism threat. Discussed are directions for further research and the implications for media coverage of terrorist threat.

Publication Type: Article
Publisher Keywords: terrorism, mortality, reinforcement sensitivity theory, coping, risk preference, choice under risk and uncertainty
Subjects: B Philosophy. Psychology. Religion > BF Psychology
H Social Sciences > HB Economic Theory
J Political Science > JZ International relations
Departments: School of Arts & Social Sciences > Psychology
URI: http://openaccess.city.ac.uk/id/eprint/22156
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