Weighing risks, convicts display blind spots

Serious offenders insensitive to upsides as well as potential losses

By Bruce Bower, 18:13 PM October 26, 2010

Men imprisoned for murder and other serious offenses have a well-earned reputation for taking dangerous risks. But their problems with risk assessment go deeper than that, a new study finds.

Relative to men who haven’t been incarcerated, prisoners generally have a harder time assessing the probability of big gains as well as harsh losses, says psychologist Thorsten Pachur of the University of Basel, Switzerland, who conducted the investigation with Yaniv Hanoch and Michaela Gummerum, both p...

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