Japanese Journal of JSCE
Online ISSN : 2436-6021
Special issue (Infrastructure Planning and Management) Paper
A STUDY OF ATTITUDES TOWARD RISK AND RESPONSE BEHAVIOR: AN ADDITIONAL EXPERIMENT FOR THE THEORY OF RISK HOMEOSTASIS
Keito SHIBAHARAAkira KIKUCHI
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2024 Volume 80 Issue 20 Article ID: 24-20139

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Abstract

Although traffic accidents have been gradually decreasing in recent years due to the development of safety technologies such as airbags in automobiles, they have not disappeared. One of the arguments that traffic accidents have not been eliminated is the risk homeostasis theory proposed by Wilde1). Therefore, in this study, we reconfirmed the Brinkmanship experiment in which the value function was set as the utility function. As a result, risk homeostasis theory was partially observed in the set utility function, but the finding of Wilde6) that “the value of DFO approaches zero” could not be reproduced. This indicates that the risk homeostasis theory requires a limited interpretation.

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© Japan Society of Civil Engineers
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