Using dynamic monitoring of choices to predict and understand risk preferences

PE Stillman, I Krajbich… - Proceedings of the …, 2020 - National Acad Sciences
Navigating conflict is integral to decision-making, serving a central role both in the subjective
experience of choice as well as contemporary theories of how we choose. However, the lack …

Preference reversals in decision making under risk are accompanied by changes in attention to different attributes

BE Kim, D Seligman, JW Kable - Frontiers in neuroscience, 2012 - frontiersin.org
Recent work has shown that visual fixations reflect and influence trial-to-trial variability in
people's preferences between goods. Here we extend this principle to attribute weights …

Local dynamics in decision making: The evolution of preference within and across decisions

D O'Hora, R Dale, PT Piiroinen, F Connolly - Scientific reports, 2013 - nature.com
Within decisions, perceived alternatives compete until one is preferred. Across decisions,
the playing field on which these alternatives compete evolves to favor certain alternatives …

Social signals of safety and risk confer utility and have asymmetric effects on observers' choices

D Chung, GI Christopoulos, B King-Casas, SB Ball… - Nature …, 2015 - nature.com
Individuals' risk attitudes are known to guide choices about uncertain options. However, in
the presence of others' decisions, these choices can be swayed and manifest as riskier or …

Can we infer inter-individual differences in risk-taking from behavioral tasks?

S Palminteri, C Chevallier - Frontiers in psychology, 2018 - frontiersin.org
Investigating the bases of inter-individual differences in risk-taking is necessary to refine our
cognitive and neural models of decision-making and to ultimately counter risky behaviors in …

A neuroimaging study of preference for strategic uncertainty

R Chark, SH Chew - Journal of Risk and Uncertainty, 2015 - Springer
We study the preference for strategic uncertainty when subjects play matching pennies and
coordination games. The scanned subject has the option to 'play', in which case both receive …

Leader‐driven distortion of probability and payoff information affects choices between risky prospects

ML DeKay, ER Stone, SA Miller - Journal of Behavioral …, 2011 - Wiley Online Library
Research indicating that decision makers often distort new information to favor nascent
preferences has focused primarily on riskless choice rather than risky choice. In addition, the …

Neural mechanisms underlying risk and ambiguity attitudes

NE Blankenstein, JS Peper, EA Crone… - Journal of Cognitive …, 2017 - direct.mit.edu
Individual differences in attitudes to risk (a taste for risk, known probabilities) and ambiguity
(a tolerance for uncertainty, unknown probabilities) differentially influence risky decision …

Dynamic inconsistency in risky choice: Evidence from the lab and field

RZ Heimer, Z Iliewa, A Imas, M Weber - 2023 - nber.org
We document a robust dynamic inconsistency in risky choice. Using a unique brokerage
dataset and a series of experiments, we compare people's initial risk-taking plans to their …

How top-down and bottom-up attention modulate risky choice

Y Vanunu, JM Hotaling… - Proceedings of the …, 2021 - National Acad Sciences
We examine how bottom-up (or stimulus-driven) and top-down (or goal-driven) processes
govern the distribution of attention in risky choice. In three experiments, participants chose …