Robert Peston Ate My Bank: How Perceptions of Risk, Failure and Insolvency Created the Northern Rock Crisis

2008 ◽  
Author(s):  
Keith Crawford
Keyword(s):  
2007 ◽  
Author(s):  
Robin M. Hogarth ◽  
Mariona Portell ◽  
Anna Cuxart
Keyword(s):  

NASPA Journal ◽  
2005 ◽  
Vol 42 (2) ◽  
Author(s):  
Todd F. Lewis ◽  
Dennis L Thombs

The aim of this study was to conduct a multivariate assessment of college student drinking motivations at a campus with conventional alcohol control policies and enforcement practices, including the establishment and dissemination of alcohol policies and the use of warnings to arouse fear of sanctions. Two explanatory models were compared: perceptions of risk and normative beliefs. An anonymous questionnaire was administered to 1,396 students at a large Midwestern university. Data analyses were conducted on the subsample of participants who had reported using alcohol within the past 12 months (n = 1,322). Overall, the results from a canonical correlation analysis indicated that alcohol involvement was best explained by normative beliefs about the drinking practices of one’s closest friends. Perceptions of drinking risk were less important to the explanation of alcohol involvement, and some of these measures unexpectedly had positive associations with indicators of alcohol risk behavior. The findings call into question the conventional deterrence strategies used in many university communities (i.e., belief that students who perceive there to be a low risk of receiving sanctions are those most likely to engage in alcohol related misbehavior). Furthermore, the findings suggest that effective interventions will need to impact students' normative beliefs about the drinking practices of proximal peer groups.


2021 ◽  
Author(s):  
Chantal C. Cantarelli ◽  
David Oglethorpe ◽  
Bert van Wee

AbstractLock-in is defined as the tendency to continue with an inefficient decision or project proposal. The front-end phase is critical to project success, yet most studies have focused on lock-in in the implementation phase. Moreover, little is known about the way in which decision-makers perceive the risk of lock-in. In this paper we identify determinants of lock-in in the front-end phase and we reveal decision-makers’ perceptions of risk of lock-in. Our findings show that risk attitudes towards lock-in vary with the level of risk aversion. However, this is not sufficiently acute to drive the level of regret needed to avoid lock-in. This implies that decision-makers do not accurately assess the risk of lock-in and as such their risk perceptions are a mediating factor in the formation of lock-in. Based on escalation of commitment, path dependency, and prospect theory, the main contribution lies in providing a more comprehensive understanding of lock-in in the front-end phase.


2021 ◽  
pp. 146144482110164
Author(s):  
Adriana de Souza e Silva ◽  
Ragan Glover-Rijkse ◽  
Anne Njathi ◽  
Daniela de Cunto Bueno

Pokémon Go is the most popular location-based game worldwide. As a location-based game, Pokémon Go’s gameplay is connected to networked urban mobility. However, urban mobility differs significantly around the world. Large metropoles in South America and Africa, for example, experience ingrained social, cultural, and economic inequalities. With this in mind, we interviewed Pokémon Go players in two Global South cities, Rio de Janeiro (Brazil) and Nairobi (Kenya), to understand how players navigate urban spaces not only based on gameplay but with broader concerns for safety. Our findings reveal that players negotiate their urban mobilities based on perceptions of risk and safety, choosing how to move around and avoiding areas known for violence and theft. These findings are relevant for understanding the social and political aspects of networked urban spaces as well as for investigating games as venues through which we can understand ordinary life, racial, gender, and socioeconomic inequalities.


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