Heterogeneity in choices on Iowa Gambling Task: preference for infrequent–high magnitude punishment [Book Review]
Graduate studies at Western
Mind and Society 8 (1):43-57 (2008)
|Abstract||Reward attribute, i.e. long-term versus short-term reward, is the most commonly analyzed choice attribute in Iowa Gambling Task (IGT). The present study (nÂ =Â 45) employs measures of individual differences to explore preferences in IGT choices, based on punishment attribute (frequent versus infrequent punishment) along with the reward attribute. Three questionnaires (rational-experiential information processing style, risk attitude, and maximization regret behavior) were employed to analyze whether preferences were based on reward or on punishment attribute of the IGT choices. The T test indicated a selective preference for punishment, but not for reward attribute. Pearsonâs correlation revealed that rational information processing is associated with more choices from infrequentâlarge punishment decks. Regression analysis indicated that rational information processing, tendency to maximize-experience regret, and risk attitude accounted for selective preferences based on the punishment attribute. Measures employed were unrelated to reward attribute of the IGT choices. Results are explained in terms of choice preference for frequent but smaller magnitude versus infrequent but larger magnitude punishment in IGT.|
|Keywords||Decision-making Individual differences Information processing Iowa Gambling Task Reward-punishment|
No categories specified
(categorize this paper)
|Through your library||Configure|
Similar books and articles
Elwin Myers (2010). Influence of Economic Reward and Punishment on Unethical Behavior. Business and Professional Ethics Journal 29 (1/4):155-174.
A. N. M. Waheeduzzaman & Elwin Myers (2010). Influence of Economic Reward and Punishment on Unethical Behavior. Business and Professional Ethics Journal 29 (1-4):155-174.
Christian P. Janssen & Wayne D. Gray (2012). When, What, and How Much to Reward in Reinforcement Learning-Based Models of Cognition. Cognitive Science 36 (2):333-358.
Sven Ove Hansson (2009). Preference-Based Choice Functions: A Generalized Approach. Synthese 171 (2):257 - 269.
Edmund T. Rolls (2000). Précis of the Brain and Emotion. Behavioral and Brain Sciences 23 (2):177-191.
Philip Gerrans (2007). Mental Time Travel, Somatic Markers and "Myopia for the Future". Synthese 159 (3):459 - 474.
Ross Buck (2000). Conceptualizing Motivation and Emotion. Behavioral and Brain Sciences 23 (2):195-196.
Franz Dietrich & Christian List (2013). A Reason-Based Theory of Rational Choice. Noûs 47 (1):104-134.
Jordan Howard Sobel (1997). Cyclical Preferences and World Bayesianism. Philosophy of Science 64 (1):42-73.
Marcus Selart, Ole Boe & Tommy Garling (1999). Reasoning About Outcome Probabilities and Values in Preference Reversals. Thinking and Reasoning 5 (2):175 – 188.
Duncan MacIntosh (1991). Preference's Progress: Rational Self-Alteration and the Rationality of Morality. Dialogue 30 (1991):3-32.
Jeremy Bentham (2009). The Rationale of Punishment. Prometheus Books.
Laurence Sears (1932). Responsibility, its Development Through Punishment and Reward. New York, Columbia University Press.
David Wood (2010). Punishment: Consequentialism. Philosophy Compass 5 (6):455-469.
Added to index2010-09-14
Total downloads5 ( #170,048 of 722,936 )
Recent downloads (6 months)1 ( #61,087 of 722,936 )
How can I increase my downloads?