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Mindsets Affect Risk Perception and Risk-Taking Behavior: Illusory Optimism and the BART

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In two experiments, we investigated the downstream consequences of activating deliberative versus implemental mindsets on risk perception (Experiment 1) and risk-taking behavior (Experiment 2). We hypothesized that participants in an… Click to show full abstract

In two experiments, we investigated the downstream consequences of activating deliberative versus implemental mindsets on risk perception (Experiment 1) and risk-taking behavior (Experiment 2). We hypothesized that participants in an implemental versus deliberative mindset arrive at more optimistic judgments about their own risks of experiencing negative life events, compared to other peoples’ risks. The results of Experiment 1 confirm this hypothesis and reveal perceived controllability as an important moderator. Experiment 2 further augments these findings by demonstrating that participants in a deliberative mindset show less risk-taking behavior than participants in an implemental mindset using a behavioral risk task. Implications for research on mindset theory of action phases and mindset-dependent effects on risk perception and risk-taking behavior are discussed.

Keywords: risk; taking behavior; risk perception; risk taking; perception risk

Journal Title: Social Psychology
Year Published: 2017

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