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Full-Text Articles in Cognitive Psychology
Choice, Management, & Modification: Situational Context In Risky Choice, Nathaniel K. Decker
Choice, Management, & Modification: Situational Context In Risky Choice, Nathaniel K. Decker
USF Tampa Graduate Theses and Dissertations
We sought to examine the potential differences between different types of risky decisions. While some decisions are easily represented as choices between future alternatives, other decisions may be better represented as the management of a personally owned situation. Schneider (2003) created the risk management task, which manifested these situated improvement decisions, and identified a unique pattern of risk preferences when compared to the standard gambling paradigm. To determine what cognitive processes might be differentially activated for each type of decisions so as to yield these risk preference differences, we incrementally manipulated the gambling paradigm to parse potentially influential elements of …