Premium
Risk Orientation, Risk Exposure, and Policy Opinions: The Case of Free Trade
Author(s) -
Ehrlich Sean,
Maestas Cherie
Publication year - 2010
Publication title -
political psychology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.419
H-Index - 95
eISSN - 1467-9221
pISSN - 0162-895X
DOI - 10.1111/j.1467-9221.2010.00774.x
Subject(s) - framing (construction) , public policy , risk aversion (psychology) , public economics , personality , economics , political science , social psychology , psychology , expected utility hypothesis , law , financial economics , structural engineering , engineering
This research offers a general framework for thinking about how individual disposition towards risk influences public policy opinions. Affinity for or aversion to risk is, in part, a stable personality characteristic that interacts with risk and reward messages in complex policy debates. We examine the implications of this for public opinions about free trade with extensions to immigration policy. We argue and find that opinions about policy depend jointly upon one's exposure to potential gains or losses and one's risk orientation. The findings have implications for crafting and framing public policies because they highlight how individual characteristics are likely to shape the public response to policy proposals. Our findings suggest that there may be limits, in the aggregate, to the degree to which elites can alter the level of support for policies through framing or through offering risk‐mitigating policy provisions.