A POSSIBLE ADJUSTING PROCEDURE FOR STUDYING OUTCOMES OF RISK-TAKING

Citation
Mr. Dixon et al., A POSSIBLE ADJUSTING PROCEDURE FOR STUDYING OUTCOMES OF RISK-TAKING, Psychological reports, 82(3), 1998, pp. 1047-1050
Citations number
7
Categorie Soggetti
Psychology
Journal title
ISSN journal
00332941
Volume
82
Issue
3
Year of publication
1998
Part
1
Pages
1047 - 1050
Database
ISI
SICI code
0033-2941(1998)82:3<1047:APAPFS>2.0.ZU;2-O
Abstract
The purpose of this pilot study was to examine the role of consequence s in the maintenance and termination of risk-taking behavior. In 1987 Ladouceur, Mayrand, and Tourigny proposed a quantitative measure of ri sk-taking based on roulette playing, but this metric did not include t he outcome of that risk. Therefore, their original equation may be adj usted to incorporate a concurrent analysis of the consequences of risk -taking to understand better individual differences with respect to ri sk-taking behavior. An experiment with six subjects, 3 experienced and 3 inexperienced, who played roulette was used to evaluate the accurac y of the equation's predictions. Replication with a much larger sample is required to substantiate the suggestion that this adjustment would be more accurate than the original equation in predicting future risk -laking.