Choice and decision-making: risk and social context
Table of contents
Share
QR
Metrics
Choice and decision-making: risk and social context
Annotation
PII
S0205-95920000621-0-
Publication type
Article
Status
Published
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
Number of purchasers
0
Views
407
Readers community rating
0.0 (0 votes)
Previous versions
S0205-95920000621-0-1 Дата внесения правок в статью - 13.06.2021
Cite   Download pdf

Comments

No posts found

Write a review
Translate