Risky but alluring: Severe COVID-19 pandemic influence increases risk taking.
J Exp Psychol Appl
; 27(4): 679-694, 2021 Dec.
Article
in English
| MEDLINE | ID: covidwho-1650622
ABSTRACT
The COVID-19 pandemic has changed our lives to a profound extent. In this research, we examined how the pandemic might have influenced people's general risk attitude in their daily lives. Across four studies (two preregistered) using U.S. online worker and Canadian university student samples, we observed that individuals who were severely affected by the pandemic showed higher risk taking toward a variety of risky activities than those who were less severely affected. We attributed this effect to elevated boredom levels and increased perceived benefits from taking risks among the severely affected group and provided supporting evidence. Data ruled out risk perception, income, employment status, and response biases as alternative explanations. Our findings shed light on the psychological consequences of the COVID-19 pandemic, decision under risk, the role of perceived benefits of risk taking, and effective policy interventions. (PsycInfo Database Record (c) 2022 APA, all rights reserved).
Full text:
Available
Collection:
International databases
Database:
MEDLINE
Main subject:
Pandemics
/
COVID-19
Type of study:
Prognostic study
Limits:
Humans
Country/Region as subject:
North America
Language:
English
Journal:
J Exp Psychol Appl
Journal subject:
Psychology
Year:
2021
Document Type:
Article
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