RAS Social ScienceПсихологический журнал Psikhologicheskii zhurnal

  • ISSN (Print) 0205-9592
  • ISSN (Online) 3034-588X

Choice and decision-making: risk and social context

PII
S0205-95920000621-0-1
DOI
10.7868/S20000621-0-1
Publication type
Article
Status
Published
Authors
Abstract

The influence of social context and task content on decision making related to risk is studied. Authors used the empirical paradigm of A. Tversky and D. Kahneman: Ss were suggested to make a decision about life or death of risky hypothetic patients suffered from deadly disease. The data obtained showed the cross-cultural pattern of decision-making: people venture more if small group is incurred danger rather then big group. Nationality of hypothetic patients was found to be significant factor of risky decision-making: if patients suffered from deadly disease are of the same nationality as decision-maker then risky decisions dominates over not risky. Conclusion is made that in tasks with the same structure people risk more if decision is made about smb s life rather then money.

Keywords
risk, decision-making, positive and negative framing, framing effect
Date of publication
01.09.2003
Year of publication
2003
Number of purchasers
0
Views
432

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Higher Attestation Commission

At the Ministry of Education and Science of the Russian Federation

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Scientific Electronic Library