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Risk Orientation, Risk Exposure, and Policy Opinions

The Case of Free Trade

Bibliographic Data

ID6338291
AuthorsSean D Ehrlich (Florida State University), Sean Ehrlich, Cherie Maestas (0000-0001-7443-7772, Florida State University)
Year2010
Volume31
Issue5
Pages657-684
Publication date2010-10-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenuePolitical Psychology (JOURNAL)
Journal identifiersISSN: 0162-895X • E-ISSN: 1467-9221
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1467-9221.2010.00774.x
OpenAlexW1834886310
LanguageEN
Citations received58
References cited57

This research offers a general framework for thinking about how individual disposition towards risk influences public policy opinions. Affinity for or aversion to risk is, in part, a stable personality characteristic that interacts with risk and reward messages in complex policy debates. We examine the implications of this for public opinions about free trade with extensions to immigration policy. We argue and find that opinions about policy depend jointly upon one's exposure to potential gains or losses and one's risk orientation. The findings have implications for crafting and framing public policies because they highlight how individual characteristics are likely to shape the public response to policy proposals. Our findings suggest that there may be limits, in the aggregate, to the degree to which elites can alter the level of support for policies through framing or through offering risk-mitigating policy provisions

Economics · Expected utility hypothesis · Financial economics · Framing (construction · Personality · Political science · Public economics · Public policy · Risk aversion (psychology · Electoral Systems and Political Participation · Law · Media Influence and Politics · Psychology · Social and Intergroup Psychology · Social Psychology

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Unique citing works58
Citations per year3,87
Citation span2011 - 2026 (16)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 58

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