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Risk and Uncertainty

Bibliographic Data

ID22367189
AuthorsM Chibnik (0000-0001-7856-3944, University of Iowa, corresponding author)
Year2018
Pages1-10
Publication date2018-09-05
Open AccessYes
TypeOTHER
VenueThe International Encyclopedia of Anthropology (JOURNAL)
PublisherWiley (PUBLISHER • GB)
DOI10.1002/9781118924396.wbiea1550
OpenAlexW2998185186
ISBN9781118924396
LanguageEN
References cited11

Economists, cognitive psychologists, and anthropologists have analyzed many situations where decision makers must consider the chances of future events occurring. Such probabilities are often called “risks” and “uncertainties.” Some anthropologists have attempted to use the theoretical models of economists and the findings of the laboratory experiments of cognitive psychologists in their efforts to understand the effects of risk and uncertainty on decision making in fieldwork settings. Most anthropologists, however, regard the approaches of economists and psychologists as providing insufficient descriptions of how people think about risk and uncertainty when making most choices. The real situations in which people make decisions related to risk and uncertainty are more complex than the formal models that are sometimes used to analyze them. Anthropologists can provide the ethnographic context necessary for a full understanding of cultural behavior related to risk and uncertainty

Cognition · Epistemology · Ethnography · Geography · Sociology · Decision-Making and Behavioral Economics · Experimental Behavioral Economics Studies · Language and cultural evolution · Psychology · Social Psychology

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Highly citedNo

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