EGPROC 2022 (Amsterdam)

Abstract

Many individuals experience problems understanding and preparing for low probability/high-impact risk, like natural disasters and pandemics – unless they experience these events, yet then it is often too late to avoid damages. Individuals with recent disaster risk experience are, on average, better prepared. This seems to be mediated through emotions and a better understanding of the consequences. In this study, we use immersive virtual reality (VR) technology to examine whether a simulated disaster can stimulate people to invest in risk reducing measures in the context of flooding, which is one of the deadliest and most damaging natural disasters in the world. We investigate the possibility to boost risk perception, coping appraisal, negative emotions and damage-reducing behavior through a simulated flooding experience. We find that participants who experienced the virtual flood invest significantly more in the flood risk investment game than those in the control group. These effects are persistent up to four weeks after the VR intervention.

Date
Jun 29, 2022 09:30 — Jul 1, 2022 17:00
Location
Amsterdam (NL)
Postdoctoral researcher

My research interests include experimental economics, behavioral economics and virtual reality.