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Risk preference and choice stochasticity during decisions for other people

Overview of attention for article published in Cognitive, Affective, & Behavioral Neuroscience, March 2018
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Title
Risk preference and choice stochasticity during decisions for other people
Published in
Cognitive, Affective, & Behavioral Neuroscience, March 2018
DOI 10.3758/s13415-018-0572-x
Pubmed ID
Authors

Francesco Rigoli, Katrin H. Preller, Raymond J. Dolan

Abstract

In several contexts, such as finance and politics, people make choices that are relevant for others but irrelevant for oneself. Focusing on decision-making under risk, we compared monetary choices made for one's own interest with choices made on behalf of an anonymous individual. Consistent with the previous literature, other-interest choices were characterized by an increased gambling propensity. We also investigated choice stochasticity, which captures how much decisions vary in similar conditions. An aspect related to choice stochasticity is how much decisions are tuned to the option values, and we found that this was higher during self-interest than during other-interest choices. This effect was observed only in individuals who reported a motivation to distribute rewards unequally, suggesting that it may (at least partially) depend on a motivation to make accurate decisions for others. Our results indicate that, during decision-making under risk, choices for other people are characterized by a decreased tuning to the values of the options, in addition to enhanced risk seeking.

X Demographics

X Demographics

The data shown below were collected from the profiles of 4 X users who shared this research output. Click here to find out more about how the information was compiled.
Mendeley readers

Mendeley readers

The data shown below were compiled from readership statistics for 50 Mendeley readers of this research output. Click here to see the associated Mendeley record.

Geographical breakdown

Country Count As %
Unknown 50 100%

Demographic breakdown

Readers by professional status Count As %
Student > Ph. D. Student 13 26%
Student > Bachelor 8 16%
Researcher 5 10%
Lecturer 3 6%
Other 3 6%
Other 5 10%
Unknown 13 26%
Readers by discipline Count As %
Psychology 18 36%
Neuroscience 4 8%
Social Sciences 3 6%
Economics, Econometrics and Finance 2 4%
Decision Sciences 2 4%
Other 5 10%
Unknown 16 32%
Attention Score in Context

Attention Score in Context

This research output has an Altmetric Attention Score of 3. This is our high-level measure of the quality and quantity of online attention that it has received. This Attention Score, as well as the ranking and number of research outputs shown below, was calculated when the research output was last mentioned on 05 April 2018.
All research outputs
#14,035,952
of 24,003,070 outputs
Outputs from Cognitive, Affective, & Behavioral Neuroscience
#451
of 974 outputs
Outputs of similar age
#171,190
of 336,375 outputs
Outputs of similar age from Cognitive, Affective, & Behavioral Neuroscience
#13
of 24 outputs
Altmetric has tracked 24,003,070 research outputs across all sources so far. This one is in the 40th percentile – i.e., 40% of other outputs scored the same or lower than it.
So far Altmetric has tracked 974 research outputs from this source. They typically receive more attention than average, with a mean Attention Score of 8.4. This one has gotten more attention than average, scoring higher than 52% of its peers.
Older research outputs will score higher simply because they've had more time to accumulate mentions. To account for age we can compare this Altmetric Attention Score to the 336,375 tracked outputs that were published within six weeks on either side of this one in any source. This one is in the 48th percentile – i.e., 48% of its contemporaries scored the same or lower than it.
We're also able to compare this research output to 24 others from the same source and published within six weeks on either side of this one. This one is in the 41st percentile – i.e., 41% of its contemporaries scored the same or lower than it.