Published November 25, 2016 | Version v1
Journal article

The Role of Hedonic Behavior in Reducing Perceived Risk

  • 1. University of Hong Kong
  • 2. Chinese University of Hong Kong
  • 3. University of Chicago
  • 4. Stanford University

Description

Understanding how human populations naturally respond to and cope with risk is important for fields ranging from psychology to public health. We used geophysical and individual-level mobile-phone data (mobile-apps, telecommunications, and Web usage) of 157,358 victims of the 2013 Ya'an earthquake to diagnose the effects of the disaster and investigate how experiencing real risk (at different levels of intensity) changes behavior. Rather than limiting human activity, higher earthquake intensity resulted in graded increases in usage of communications apps (e.g., social networking, messaging), functional apps (e.g., informational tools), and hedonic apps (e.g., music, videos, games). Combining mobile data with a field survey ( N = 2,000) completed 1 week after the earthquake, we use an instrumental-variable approach to show that only increases in hedonic behavior reduced perceived risk. Thus, hedonic behavior could potentially serve as a population-scale coping and recovery strategy that is often missing in risk management and policy considerations.

Additional details

Identifiers

DOI
10.1177/0956797616671712
Other
oai:uchicago.tind.io:16360

Funding

National Natural Science Foundation of China
71090402
National Natural Science Foundation of China
71490722
University Grants Committee
27500114
University Grants Committee
17506316

UChicago Information

Division(s)
Booth School of Business
Department(s)
Behavioral Science, Marketing