Risk perception: unrealistic optimism or realistic expectancy
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Updated: Oct 19, 2026

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
Published on: September 19, 2012
1College of Education, Wayne State University, Detroit, MI 48202, USA.
Abstract:
The current study investigated risk perception and Unrealistic Optimism as a function of involvement in risk. 74 undergraduate students were asked to rate how likely they were to encounter various negative consequences relative to various comparison targets (child, peer, and parent) and specified their actual involvement in risk-taking. Over-all, 37 High and 37 Low Risk-takers rated harmful events similarly, adding support for disputing the hypothesis that risk-takers consider themselves to be invulnerable. When these older adolescents compared themselves with children, they rated their personal risk of engaging in the health threatening behaviors as higher. Adolescents can realistically appraise the differences between themselves and children and view themselves as more likely to encounter the negative outcomes of risk-taking behaviors. Implications are discussed.
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