3.3 The Factors That Influence It

10 XP
Setting: Quick vignettes showing different characters in real-world moments.
Visuals: Side-by-side comparisons showing two people reacting differently to the same risk.

Narrator:
Liza - We talked about risk perception till now. Let me answer your question
John “So why do people perceive risk differently?
There are Several key factors shape our judgment:” Like
• Experience: If nothing bad has happened before, we assume it’s safe.
• Familiarity: Repeating a task makes us feel confident, even when risk is present.
• Emotion: Fear, stress, or urgency can cloud judgment.
• Cognitive Biases: Like optimism bias (“It won’t happen to me”) or confirmation bias (“I’ve done this a hundred times”).
• Peer Influence: If others are comfortable, we may copy them— even in risky situations.
• Media and Culture: Exposure to dramatic events (e.g., plane crashes) can skew how dangerous we think something is.

On-Screen Graphics:
Wheel or matrix of influencing factors with icons: brain, heart, crowd, clock, calendar, newspaper.
John - Is there any way we can Improve our Risk Perception
Liza - Yes we can John let us understand the same in our next lesson.
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There is no peer responses to assess.

3. Why might someone underestimate risk when performing a task they do daily?
4. Which factor might cause someone to ignore a known risk because they have never experienced negative consequences before?