scholarly journals Risky choice: An examination of information acquisition behavior

1978 ◽  
Vol 6 (5) ◽  
pp. 554-561 ◽  
Author(s):  
John W. Payne ◽  
Myron L. Braunstein
Keyword(s):  
Information Acquisition ◽  
Risky Choice

scholarly journals Out of sight – out of mind? Information acquisition patterns in risky choice framing

2014 ◽  
Vol 45 (1) ◽  
pp. 21-28 ◽  
Author(s):  
Michael Schulte-Mecklenbeck ◽  
Anton Kühberger
Keyword(s):  
Information Acquisition ◽  
Risky Choice ◽  
Critical Discussion ◽  
Process Tracing ◽  
Redundant Information ◽  
Missing Information ◽  
Choice Framing ◽  
Risky Option ◽  
Process Level ◽  
Choice Level

Abstract We investigate whether risky choice framing, i.e., the preference of a sure over an equivalent risky option when choosing among gains, and the reverse when choosing among losses, depends on redundancy and density of information available in a task. Redundancy, the saliency of missing information, and density, the description of options in one or multiple chunks, was manipulated in a matrix setup presented in MouselabWeb. On the choice level we found a framing effect only in setups with non-redundant information. On the process level outcomes attracted more acquisitions than probabilities, irrespective of redundancy. A dissociation between acquisition behavior and choice calls for a critical discussion of the limits of process-tracing measures for understanding and predicting choices in decision making tasks

Extreme Outcomes Influence Risky Choice in Pigeons and Humans

2013 ◽  
Author(s):  
Jeffrey Pisklak ◽  
Elliot Ludvig ◽  
Christopher Madan ◽  
Marcia Spetch
Keyword(s):  
Risky Choice

Expected Risks and Returns in Children's, Adolescents', and Adults' Dynamic Risky Choice: Behavioral Effects and Neural Correlates

2013 ◽  
Author(s):  
Elke U. Weber ◽  
Anna C. van Duijvenvoorde ◽  
Leah H. Somerville ◽  
Alisa Powers ◽  
Wouter D. Weeda ◽  
...  
Keyword(s):  
Neural Correlates ◽  
Risky Choice ◽  
Behavioral Effects ◽  
Adolescents And Adults

Risky Choice in Cultural Contexts

2004 ◽  
Author(s):  
X. T. Wang ◽  
Elena A. Savina
Keyword(s):  
Risky Choice ◽  
Cultural Contexts

The effects of consumption delay on risky choice

1998 ◽  
Author(s):  
S. Ramaswami ◽  
A. V. Muthukrishnan
Keyword(s):  
Risky Choice

Framing and Risky-Choice Problem Questionnaire

2011 ◽  
Author(s):  
Kevin T. Mahoney ◽  
Walter Buboltz ◽  
Irwin P. Levin ◽  
Dennis Doverspike ◽  
Daniel J. Svyantek
Keyword(s):  
Risky Choice ◽  
Choice Problem
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