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Information Integration in Risky Choice [PDF]

open access: yesFrontiers in Psychology, 2011
How is information integrated across the attributes of an option when making risky choices? In most descriptive models of decision under risk, information about risk, and reward is combined multiplicatively (e.g., expected value; expected utility ...
Neil eStewart
doaj   +4 more sources

Entrepreneurship: Tenacity, Future Self-Continuity, and Inter-Temporal Risky Choice. [PDF]

open access: yesFront Psychol, 2020
This study examines entrepreneurship. It focuses on the effect of tenacity and future self-continuity (FSC) on inter-temporal risky choice in the entrepreneurial context. A total of 129 Chinese undergraduates participated in this survey.
Zeng X, Ouyang Y.
europepmc   +4 more sources

A systematic review of risky-choice framing effects. [PDF]

open access: yesEXCLI J, 2023
Classic decision theory requires that rational agents show description invariance: which description is chosen should not matter for judgments, preferences, or choices given the descriptions are co-extensive.
Kühberger A.
europepmc   +2 more sources

The Influence of Trait Emotion and Spatial Distance on Risky Choice Under the Framework of Gain and Loss. [PDF]

open access: yesFront Psychol, 2022
In the time of the COVID-19 pandemic, people are often faced with uncertain risky choice. Risky choice will be affected by different descriptions of the event’s gain or loss framework, this phenomenon is known as the framing effect.
Xu F, Huang L.
europepmc   +2 more sources

Audiovisual cues must be predictable and win-paired to drive risky choice. [PDF]

open access: yesElife
Risky or maladaptive decision making is thought to be central to the etiology of both drug and gambling addiction. Salient audiovisual cues paired with rewarding outcomes, such as the jackpot sound on a win, can enhance disadvantageous, risky choice in ...
Hathaway BA   +8 more
europepmc   +2 more sources

Influence of the Manner of Information Presentation on Risky Choice. [PDF]

open access: yesFront Psychol, 2021
We are constantly faced with decisive situations in which the options are not presented simultaneously. How the information of options is presented might influence the subsequent decision-making.
Liu HZ, Wei ZH, Li P.
europepmc   +2 more sources

Toward an attentional turn in research on risky choice. [PDF]

open access: yesFront Psychol, 2022
For a long time, the dominant approach to studying decision making under risk has been to use psychoeconomic functions to account for how behavior deviates from the normative prescriptions of expected value maximization.
Zilker V, Pachur T.
europepmc   +2 more sources

Planning, Cognitive Reflection, Inter-Temporal Choice, and Risky Choice in Chess Players: An Expertise Approach. [PDF]

open access: yesJ Intell
This study investigates the cognitive processes underlying chess expertise by examining planning, cognitive reflection, inter-temporal choice, and risky choice in chess players.
Campitelli G, Labollita M, Bilalić M.
europepmc   +2 more sources

Gaze-dependent evidence accumulation predicts multi-alternative risky choice behaviour. [PDF]

open access: yesPLoS Comput Biol, 2022
Choices are influenced by gaze allocation during deliberation, so that fixating an alternative longer leads to increased probability of choosing it. Gaze-dependent evidence accumulation provides a parsimonious account of choices, response times and gaze ...
Molter F   +4 more
europepmc   +2 more sources

Risky choice framing by experience: A methodological note

open access: yesJudgment and Decision Making, 2021
In classic research on judgment and decision making under risk, risk is described by providing participants with the respective outcomes and probabilities in a summary format. Recent research has introduced a different paradigm – decisions-by-experience –
Anton Kühberger
doaj   +4 more sources

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