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How Does the Change of Information Source Affect Residents’ Risk Attitudes?

Using data from the China Family Panel Studies (CFPS), this paper investigates the effects of Internet use on residents’ risk attitudes. Both Generalized Ordered Logit Model and Logit model are used to identify the effects of Internet use. The results reveal an association between Internet use and i...

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Autores principales: Zhang, Shihu, Zhang, Guangcai, Li, Jinpei, Gu, Haiying
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9247995/
https://www.ncbi.nlm.nih.gov/pubmed/35783791
http://dx.doi.org/10.3389/fpsyg.2022.918427
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author Zhang, Shihu
Zhang, Guangcai
Li, Jinpei
Gu, Haiying
author_facet Zhang, Shihu
Zhang, Guangcai
Li, Jinpei
Gu, Haiying
author_sort Zhang, Shihu
collection PubMed
description Using data from the China Family Panel Studies (CFPS), this paper investigates the effects of Internet use on residents’ risk attitudes. Both Generalized Ordered Logit Model and Logit model are used to identify the effects of Internet use. The results reveal an association between Internet use and increases in both subjective and objective risk preferences that remains even after we adjust for possible endogeneity. The heterogeneity analysis also reveals that these impacts are different among groups with different reasons for Internet use and different personal characteristics. Our study expands the research on the effects of Internet on people’s concepts from the micro perspective and suggests that while promoting the application of information technology we should also pay attention to the individual characteristics of residents so that we can better share the “digital dividend” brought by the popularization of information technology in the whole society.
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spelling pubmed-92479952022-07-02 How Does the Change of Information Source Affect Residents’ Risk Attitudes? Zhang, Shihu Zhang, Guangcai Li, Jinpei Gu, Haiying Front Psychol Psychology Using data from the China Family Panel Studies (CFPS), this paper investigates the effects of Internet use on residents’ risk attitudes. Both Generalized Ordered Logit Model and Logit model are used to identify the effects of Internet use. The results reveal an association between Internet use and increases in both subjective and objective risk preferences that remains even after we adjust for possible endogeneity. The heterogeneity analysis also reveals that these impacts are different among groups with different reasons for Internet use and different personal characteristics. Our study expands the research on the effects of Internet on people’s concepts from the micro perspective and suggests that while promoting the application of information technology we should also pay attention to the individual characteristics of residents so that we can better share the “digital dividend” brought by the popularization of information technology in the whole society. Frontiers Media S.A. 2022-06-17 /pmc/articles/PMC9247995/ /pubmed/35783791 http://dx.doi.org/10.3389/fpsyg.2022.918427 Text en Copyright © 2022 Zhang, Zhang, Li and Gu. https://creativecommons.org/licenses/by/4.0/This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
spellingShingle Psychology
Zhang, Shihu
Zhang, Guangcai
Li, Jinpei
Gu, Haiying
How Does the Change of Information Source Affect Residents’ Risk Attitudes?
title How Does the Change of Information Source Affect Residents’ Risk Attitudes?
title_full How Does the Change of Information Source Affect Residents’ Risk Attitudes?
title_fullStr How Does the Change of Information Source Affect Residents’ Risk Attitudes?
title_full_unstemmed How Does the Change of Information Source Affect Residents’ Risk Attitudes?
title_short How Does the Change of Information Source Affect Residents’ Risk Attitudes?
title_sort how does the change of information source affect residents’ risk attitudes?
topic Psychology
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9247995/
https://www.ncbi.nlm.nih.gov/pubmed/35783791
http://dx.doi.org/10.3389/fpsyg.2022.918427
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