Social learning and risk aversion

Social Learning and Risk Aversion

In his book Risk Savvy, Gerd Gigerenzer looks at risk aversion in the context of social learning and presents interesting ideas and results from studies of risk aversion and fear. He writes, "In risk research people are sometimes divided into two kinds of personalities: risk seeking and risk averse. But it is misleading to generalize … Continue reading Social Learning and Risk Aversion

The Results of Social Learning

The Results of Social Learning

The results of Social learning are not always positive. We learn a lot from our friends, our culture, and the people around us that we are not always aware of. We are greatly influenced by what we see others doing and believing, and this includes the things we learn and come to believe as true … Continue reading The Results of Social Learning