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All Master's Theses

2017

Economic Locus of Control

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Uncertainty's Impact On Perceptions Toward Randomness, Ross Cook Jan 2017

Uncertainty's Impact On Perceptions Toward Randomness, Ross Cook

All Master's Theses

The current study examined the effects that perceived uncertainty and success in a financial decision task had on participant’s attitudes toward uncertainty. One hundred and fifty-three participants were randomly assigned to read one of three possible vignettes in which varying levels of uncertainty were depicted (i.e., high uncertainty, low uncertainty, and a control condition in which the degree of uncertainty was not mentioned). Participants were asked to make semi-informed decisions based on these vignettes and were, then, randomly assigned to a success or failure feedback condition in which they were told that they had either performed well or poorly. Afterward, …