Attentional Selection Mediates Framing and Risk-Bias Effects
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Attentional Selection Mediates Framing and Risk-Bias Effects. / Glickman, Moshe; Tsetsos, Konstantinos; Usher, Marius.
in: PSYCHOL SCI, Jahrgang 29, Nr. 12, 12.2018, S. 2010-2019.Publikationen: SCORING: Beitrag in Fachzeitschrift/Zeitung › SCORING: Zeitschriftenaufsatz › Forschung › Begutachtung
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TY - JOUR
T1 - Attentional Selection Mediates Framing and Risk-Bias Effects
AU - Glickman, Moshe
AU - Tsetsos, Konstantinos
AU - Usher, Marius
PY - 2018/12
Y1 - 2018/12
N2 - Humans display a number of puzzling choice patterns that contradict basic principles of rationality. For example, they show preferences that change as a result of task framing or of adding irrelevant alternatives into the choice set. A recent theory has proposed that such choice and risk biases arise from an attentional mechanism that increases the relative weighting of goal-consistent information and protects the decision from noise after the sensory stage. Here, using a divided-attention method based on the dot-probe technique, we showed that attentional selection toward values congruent with the task goal takes place while participants make choices between alternatives that consist of payoff sequences. Moreover, we demonstrated that the magnitude of this attentional selection predicts risk attitudes, indicating a common underlying cognitive process. The results highlight the dynamic interplay between attention and choice mechanisms in producing framing effects and risk biases.
AB - Humans display a number of puzzling choice patterns that contradict basic principles of rationality. For example, they show preferences that change as a result of task framing or of adding irrelevant alternatives into the choice set. A recent theory has proposed that such choice and risk biases arise from an attentional mechanism that increases the relative weighting of goal-consistent information and protects the decision from noise after the sensory stage. Here, using a divided-attention method based on the dot-probe technique, we showed that attentional selection toward values congruent with the task goal takes place while participants make choices between alternatives that consist of payoff sequences. Moreover, we demonstrated that the magnitude of this attentional selection predicts risk attitudes, indicating a common underlying cognitive process. The results highlight the dynamic interplay between attention and choice mechanisms in producing framing effects and risk biases.
KW - Journal Article
U2 - 10.1177/0956797618803643
DO - 10.1177/0956797618803643
M3 - SCORING: Journal article
C2 - 30403368
VL - 29
SP - 2010
EP - 2019
JO - PSYCHOL SCI
JF - PSYCHOL SCI
SN - 0956-7976
IS - 12
ER -
