Tuesday, October 22, 2013

Overestimating the Risks

 Reasons that People over Estimate Risk

We overestimate the risk,

  1. When it has catastrophic consequences
  2. When we are unfamiliar or don’t understand the subject
  3. When we think we are not in control
  4. When our children are involved
  5. When the future generation bears the consequences.
  6. When we know the victim personally
  7. When the effect generates fear
  8. When the involved institution is not trustworthy
  9. When it is in the media
  10. When it has happened in the past
  11. When someone benefits from it
  12. When the accompanied benefit is not clear
  13. When the loss is irreversible
  14. When we are exposed to the risk
  15. When it is a man-made. Well, we don’t blame vocalno for erupting but we do try to find people responsible for making a nuclear power plant explode.
  16. When the threat is more recent   
SOURCEThe Science of Fear: How the Culture of Fear Manipulates Your Brain 

---------------------------------------------------------------------------------------------------------
Book or Audiobooks?

Personally, I prefer audiobooks. It's fun, and I can listen when I'm doing something else. It also makes other activities (e.g., jogging) a lot more fun. For more detail about audiobooks, please read [this post].

There is one more reason that may encourage you to go for the audiobook version. You can get it now for FREE. Audible offers you a free trial for 14 days. Even if you get the book and cancel the subscription right away (so that you don't have to pay), you can keep the book. And, don't worry if you lost the audiobook file. Just log into audible.com. You can keep downloading the over and over again.

   About the summary: It takes time to finish up a book. And, when you do, sometimes, you want to review what you learn from the book. If you do not make  notes as you read, you might have to go through the book once again. This can be time-consuming when you are dealing with a book. But you can still flip through the book and locate what you are looking for.

However, when the material is an audiobook, it is extremely hard to locate a specific part of content. Most likely you will have to listen to the entire audiobook once again.

This book summary will help solve the pain of having to go through the book all over again.

I am leaving out the details of the books. Most books have interesting examples and case studies, not included here. Reading the original book would be much more entertaining and enlightening. If you like the summary, you may want to get the original from the source below.

No comments:

Post a Comment