... on risk and disclosure

3/13/2008; 9:46 AM

This is one of the best articles I read on the web this year. Via

Some snippets:

Psychologists call this behavior "learned helplessness"--convincing ourselves that we have no control over a situation even when we do. ...

MY FAVORITE LEARNED HELPLESSNESS experiment is this one: People were asked to perform a task in the presence of a loud radio. For some, the radio included a volume knob, while for others no volume knob was available. Researchers discovered that the group that could control the volume performed the task measurably better, even if they didn’t turn the volume down. That is, just the idea that they controlled the volume made them less distracted, less helpless and, in turn, more productive.

Control is the thing, both Fischoff and Slovic say. It’s the countervailing force to all of this risk disclosure and the learned helplessness it fosters.

...

DREAD IS A POWERFUL force. The problem with dread is that it leads to terrible decision-making.

Slovic says all of this results from how our brains process risk, which is in two ways. The first is intuitive, emotional and experience based. Not only do we fear more what we can’t control, but we also fear more what we can imagine or what we experience. This seems to be an evolutionary survival mechanism. In the presence of uncertainty, fear is a valuable defense. Our brains react emotionally, generate anxiety and tell us, “Remember the news report that showed what happened when those other kids took the bus? Don’t put your kids on the bus.”

...

But even that “one in 50 million” characterization is problematic. It still causes people to exaggerate the risk in their minds, a phenomenon called "imaging the numerator." In one experiment that showed the dramatic effect of imaging the numerator, Slovic notes, psychiatrists were given the responsibility of choosing whether or not to release a hypothetical patient with a violent history. Half the doctors were told the patient had a "20 percent chance" of being violent again. The other half were told the patient had a "one in five" chance of being violent again.

Startlingly, the doctors in the "one in five" group were far more likely not to release the patient. "They lined up five people in their minds and looked at one of them and saw a violent person." They imaged the numerator. On the other hand, 20 percent is an abstract statistic that hardly seems capable of violence.

It sounds illogical, but our minds think that "one in five" is riskier than "20 percent."