Public and professional attitudes regarding building performance or willingness to accept risk from natural and manmade hazards are reflected in structural design standards. In general, attitudes of decisionmakers towards risk are classified as risk-averse, risk-neutral and risk-accepting. Recent studies have suggested that individuals or small group decision-makers tend to be risk-averse when faced with low-probability, highconsequence hazards. In this paper, attitudes towards risks from wind and earthquake hazards are explored in the framework of cumulative prospect theory to establish a context for how characteristic of losses associated with a hazard affects to risk-acceptance attitude. Design of high-rise commercial office buildings located in Los Angeles, CA and Charleston, SC is considered. A comparison of risk attitudes towards these competing natural hazards reveals that risk-acceptance in the standard-writing community is more prevalent for wind than for seismic hazards.