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Is Making a Risky Choice Based on a Weighting and Adding Process? An Eye-Tracking Investigation
Su, Yin; Rao, Li-Lin; Sun, Hong-Yue; Du, Xue-Lei; Li, Xingshan; Li, Shu; Li, S (reprint author), Chinese Acad Sci, Inst Psychol, 16 Lincui Rd, Beijing 100101, Peoples R China.
2013
发表期刊JOURNAL OF EXPERIMENTAL PSYCHOLOGY-LEARNING MEMORY AND COGNITION
ISSN0278-7393
文章类型期刊论文
卷号39期号:6页码:1765-1780
产权排序1
摘要The debate about whether making a risky choice is based on a weighting and adding process has a long history and is still unresolved. To address this long-standing controversy, we developed a comparative paradigm. Participants' eye movements in 2 risky choice tasks that required participants to choose between risky options in single-play and multiple-play conditions were separately compared with those in a baseline task in which participants naturally performed a deliberate calculation following a weighting and adding process. The results showed that, when participants performed the multiple-play risky choice task, their eye movements were similar to those in the baseline task, suggesting that participants may use a weighting and adding process to make risky choices in multiple-play conditions. In contrast, participants' eye movements were different in the single-play risky choice task versus the baseline task, suggesting that participants were not likely to use a weighting and adding process to make risky choices in single-play conditions and were more likely to use a heuristic process. We concluded that an expectation-based index for predicting risk preferences is applicable in multiple-play conditions but not in single-play conditions, implying the need to improve current theories that postulate the use of a heuristic process.
关键词risky choice weighting and adding process eye movements single-play versus multiple-play probability-proportion task paradigm
学科领域Psychology Research Method
收录类别SCI
语种英语
项目资助者National Basic Research Program of China (973 Program) [2011CB711000] ; Knowledge Innovation Project of the Chinese Academy of Sciences [KSCX2-EW-J-8] ; National Natural Science Foundation of China [70871110, 31170976] ; Graduate Science and Social Practice Special Funding Innovative Research Program of the Chinese Academy of Sciences
项目简介This research was partially supported by the National Basic Research Program of China (973 Program, No. 2011CB711000), the Knowledge Innovation Project of the Chinese Academy of Sciences (No. KSCX2-EW-J-8), the National Natural Science Foundation of China (Nos. 70871110; 31170976), and the Graduate Science and Social Practice Special Funding Innovative Research Program of the Chinese Academy of Sciences. The funders had no role in the study design, data collection and analysis, decision to publish, or preparation of the manuscript. We benefited from discussions with Zhu-Yuan Liang and Cheng-Ming Jiang. We thank Rhoda E. Perozzi and Edmund F. Perozzi for English and content editing assistance.
WOS研究方向Psychology
WOS类目Psychology ; Psychology, Experimental
WOS记录号WOS:000326993000009
WOS标题词Social Sciences
关键词[WOS]DECISION-MAKING ; PROSPECT-THEORY ; EXPECTED VALUE ; HERTWIG 2006 ; STRATEGY SELECTION ; PROTOCOL ANALYSIS ; PROCESS MODELS ; MULTIPLE-PLAY ; LOSS AVERSION ; SINGLE-PLAY
引用统计
被引频次:14[WOS]   [WOS记录]     [WOS相关记录]
文献类型期刊论文
条目标识符http://ir.psych.ac.cn/handle/311026/10841
专题中国科学院行为科学重点实验室
通讯作者Li, S (reprint author), Chinese Acad Sci, Inst Psychol, 16 Lincui Rd, Beijing 100101, Peoples R China.
作者单位Chinese Acad Sci, Inst Psychol, Key Lab Behav Sci, Beijing 100101, Peoples R China
推荐引用方式
GB/T 7714
Su, Yin,Rao, Li-Lin,Sun, Hong-Yue,et al. Is Making a Risky Choice Based on a Weighting and Adding Process? An Eye-Tracking Investigation[J]. JOURNAL OF EXPERIMENTAL PSYCHOLOGY-LEARNING MEMORY AND COGNITION,2013,39(6):1765-1780.
APA Su, Yin.,Rao, Li-Lin.,Sun, Hong-Yue.,Du, Xue-Lei.,Li, Xingshan.,...&Li, S .(2013).Is Making a Risky Choice Based on a Weighting and Adding Process? An Eye-Tracking Investigation.JOURNAL OF EXPERIMENTAL PSYCHOLOGY-LEARNING MEMORY AND COGNITION,39(6),1765-1780.
MLA Su, Yin,et al."Is Making a Risky Choice Based on a Weighting and Adding Process? An Eye-Tracking Investigation".JOURNAL OF EXPERIMENTAL PSYCHOLOGY-LEARNING MEMORY AND COGNITION 39.6(2013):1765-1780.
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