Researchers at the Universities of Warwick and Keele are being supported by the Economic and Social Research Council to watch the popular game show Who Wants to be a Millionaire? The globally broadcast show is a treasure trove of data on how all sorts of people of different ages and genders and nationalities perceive and act on risk.
One of the researchers, economist Professor Ian Walker from the University of Warwick said:
“Many decisions involve weighing up potential gains and losses whose magnitudes are uncertain and where the risks are large. Most obviously this happens in financial markets where people make decisions about investing money.
But it’s not just money - knowing how people feel about risk is central to a wide range of government policies from building motorways to providing health care. Governments are in the business for reducing the risks that we cannot easily insure against. The risks of being mugged, catching a disease, and even the "risk" of living a long time are just a few examples - and these motivate governments to provide police, immunisation programmes, and pensions. Policy makers need to know how much we value decreases in risk - without knowing this they cannot invest in the right amount of risk reduction.”
Peter Dunn | alphagalileo
The Internet of Things: TU Graz researchers increase the dependability of smart systems
18.02.2019 | Technische Universität Graz
Stanford researchers create a wireless, battery-free, biodegradable blood flow sensor
09.01.2019 | Stanford University
Up to now, OLEDs have been used exclusively as a novel lighting technology for use in luminaires and lamps. However, flexible organic technology can offer much more: as an active lighting surface, it can be combined with a wide variety of materials, not just to modify but to revolutionize the functionality and design of countless existing products. To exemplify this, the Fraunhofer FEP together with the company EMDE development of light GmbH will be presenting hybrid flexible OLEDs integrated into textile designs within the EU-funded project PI-SCALE for the first time at LOPEC (March 19-21, 2019 in Munich, Germany) as examples of some of the many possible applications.
The Fraunhofer FEP, a provider of research and development services in the field of organic electronics, has long been involved in the development of...
For the first time, an international team of scientists based in Regensburg, Germany, has recorded the orbitals of single molecules in different charge states in a novel type of microscopy. The research findings are published under the title “Mapping orbital changes upon electron transfer with tunneling microscopy on insulators” in the prestigious journal “Nature”.
The building blocks of matter surrounding us are atoms and molecules. The properties of that matter, however, are often not set by these building blocks...
Scientists at the University of Konstanz identify fierce competition between the human immune system and bacterial pathogens
Cell biologists from the University of Konstanz shed light on a recent evolutionary process in the human immune system and publish their findings in the...
Laser physicists have taken snapshots of carbon molecules C₆₀ showing how they transform in intense infrared light
When carbon molecules C₆₀ are exposed to an intense infrared light, they change their ball-like structure to a more elongated version. This has now been...
The so-called Abelian sandpile model has been studied by scientists for more than 30 years to better understand a physical phenomenon called self-organized...
11.02.2019 | Event News
30.01.2019 | Event News
16.01.2019 | Event News
21.02.2019 | Earth Sciences
21.02.2019 | Trade Fair News
21.02.2019 | Life Sciences