This paper presents a discrete mixture model as a suitable approach for the analysis of data concerning risk perception, when they are expressed by means of ordered scores (ratings). The model, which is the result of a personal feeling (risk perception) towards the object and an inherent uncertainty in the choice of the ordinal value of responses, reduces the collective information, synthesising different risk dimensions related to a preselected domain. After a brief introduction to risk management, the presentation of the CUB model and related inferential issues, we illustrate a case study concerning risk perception for the workers of a printing press factory.

Assessing risk perception by means ofordinal models

CERCHIELLO, PAOLA;
2010-01-01

Abstract

This paper presents a discrete mixture model as a suitable approach for the analysis of data concerning risk perception, when they are expressed by means of ordered scores (ratings). The model, which is the result of a personal feeling (risk perception) towards the object and an inherent uncertainty in the choice of the ordinal value of responses, reduces the collective information, synthesising different risk dimensions related to a preselected domain. After a brief introduction to risk management, the presentation of the CUB model and related inferential issues, we illustrate a case study concerning risk perception for the workers of a printing press factory.
2010
Mathematical and Statistical Methods for Actuarial Sciences and Finance
Corazza Marco Claudio Pizzi
The Mathematics category includes resources dealing with mathematics, applied mathematics, statistics and probability.
Sì, ma tipo non specificato
Inglese
Internazionale
STAMPA
75
83
9
9788847014800
Springer
Milan
ITALIA
2 Contributo in Volume::2.1 Contributo in volume (Capitolo o Saggio)
3
268
none
Cerchiello, Paola; Maria, Iannario; Domenico, Piccolo
info:eu-repo/semantics/bookPart
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11571/370399
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