scholarly journals Initial experience has lasting effect on repeated risky decisions

2020 ◽  
Author(s):  
Andrea Kóbor ◽  
Zsófia Kardos ◽  
Ádám Takács ◽  
Noémi Éltető ◽  
Karolina Janacsek ◽  
...  
Keyword(s):  
Risk Taking ◽  
Change Point ◽  
Choice Behavior ◽  
Negative Events ◽  
Initial Experience ◽  
Positive Events ◽  
Balloon Analogue Risk Task ◽  
Risk Taking Behavior ◽  
The Difference ◽  
Subsequent Risk

AbstractPrimarily encountered information has been shown to influence perceptual and memory processes. However, it has been scarcely investigated how initial risk probabilities influence subsequent risk-taking behavior in an environment with repeated decisions. Therefore, the present study tested in two experiments whether young adults adjusted their choice behavior in the Balloon Analogue Risk task after an unsignaled and unexpected change point. The change point separated early trials from subsequent ones. While mostly positive (more reward) or mostly negative (no reward) events characterized early trials, subsequent trials were unbiased. In Experiment 1, the change point occurred after one-sixth or one-third of the trials without intermittence whereas in Experiment 2, it occurred between separate task phases. In Experiment 1, if negative events characterized the early trials, after the change point, risk-taking behavior increased as compared with the early trials. Conversely, if positive events characterized the early trials, risk-taking behavior decreased after the change point. Although participants shifted their choice behavior, the difference in risk taking due to initial experience remained, especially when this experience involved only one-sixth of the trials. In Experiment 2, slower adjustment of risk-taking behavior was observed after initially experiencing negative events than positive or baseline events. However, as all participants overcame the effect of initial experience, they became more prone to take risks. Altogether, results of both experiments not only suggest the profound effect of early experience but also that individuals dynamically update their risk estimates to adapt to the continuously changing environment.

scholarly journals Adaptation to recent outcomes attenuates the lasting effect of initial experience on risky decisions

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Andrea Kóbor ◽  
Zsófia Kardos ◽  
Ádám Takács ◽  
Noémi Éltető ◽  
Karolina Janacsek ◽  
...  
Keyword(s):  
Risk Taking ◽  
Change Point ◽  
Primacy Effect ◽  
Initial Experience ◽  
Risky Decision ◽  
Positive Events ◽  
Balloon Analogue Risk Task ◽  
Decision Environment ◽  
Risk Taking Behavior ◽  
The Impact

AbstractBoth primarily and recently encountered information have been shown to influence experience-based risky decision making. The primacy effect predicts that initial experience will influence later choices even if outcome probabilities change and reward is ultimately more or less sparse than primarily experienced. However, it has not been investigated whether extended initial experience would induce a more profound primacy effect upon risky choices than brief experience. Therefore, the present study tested in two experiments whether young adults adjusted their risk-taking behavior in the Balloon Analogue Risk Task after an unsignaled and unexpected change point. The change point separated early “good luck” or “bad luck” trials from subsequent ones. While mostly positive (more reward) or mostly negative (no reward) events characterized the early trials, subsequent trials were unbiased. In Experiment 1, the change point occurred after one-sixth or one-third of the trials (brief vs. extended experience) without intermittence, whereas in Experiment 2, it occurred between separate task phases. In Experiment 1, if negative events characterized the early trials, after the change point, risk-taking behavior increased as compared with the early trials. Conversely, if positive events characterized the early trials, risk-taking behavior decreased after the change point. Although the adjustment of risk-taking behavior occurred due to integrating recent experiences, the impact of initial experience was simultaneously observed. The length of initial experience did not reliably influence the adjustment of behavior. In Experiment 2, participants became more prone to take risks as the task progressed, indicating that the impact of initial experience could be overcome. Altogether, we suggest that initial beliefs about outcome probabilities can be updated by recent experiences to adapt to the continuously changing decision environment.

scholarly journals Can Risk-Taking Be an Endophenotype for Bipolar Disorder? A Study on Patients with Bipolar Disorder Type I and Their First-Degree Relatives

2013 ◽  
Vol 19 (4) ◽  
pp. 474-482 ◽  
Author(s):  
Ceren Hıdıroğlu ◽  
Özlem Demirci Esen ◽  
Zeliha Tunca ◽  
Şehnaz Neslihan Gűrz Yalçìn ◽  
Lauren Lombardo ◽  
...  
Keyword(s):  
Bipolar Disorder ◽  
Risk Taking ◽  
Outcome Measure ◽  
Bipolar Disorders ◽  
Type I ◽  
Balloon Analogue Risk Task ◽  
First Degree Relatives ◽  
Risk Taking Behavior ◽  
Disorder Type ◽  
Core Features

AbstractRisk-taking behavior and impulsivity are core features of bipolar disorder. Whether they are part of the inherited aspect of the illness is not clear. We aimed to evaluate risk-taking behavior as a potential endophenotype for bipolar disorders, and its relationship with impulsivity and illness features. The Balloon Analogue Risk Task (BART) and Barratt Impulsiveness Scale-11 (BIS-11) were used to assess risk-taking behavior and impulsivity respectively in 30 euthymic bipolar I patients (BD), their 25 asymptomatic first-degree relatives (BD-R), and 30 healthy controls (HC). The primary BART outcome measure was the behavioral adjustment score (number of pumps after trials where the balloon did not pop minus the number of pumps after trials where the balloon popped). BD (p< .001) and BD-R (p= .001) had similar and significantly lower adjustment scores than HC. Only BD scored significantly higher on BIS-11 total (p= .01) and motor (p= .04) subscales than HC. Neither the BART, nor impulsivity scores associated with illness features. A limitation of this study is medicated patients and a heterogeneous BD-R were included. Riskiness may be a candidate endophenotype for bipolar disorder as it appears independently from illness features, presents similarly in BD and BD-R groups and differs from impulsivity. (JINS, 2013,19, 1–9)

scholarly journals A new look at risk-taking: Using a translational approach to examine risk-taking behavior on the balloon analogue risk task.

2014 ◽  
Vol 22 (5) ◽  
pp. 444-452 ◽  
Author(s):  
Kelly S. DeMartini ◽  
Robert F. Leeman ◽  
William R. Corbin ◽  
Benjamin A. Toll ◽  
Lisa M. Fucito ◽  
...  
Keyword(s):  
At Risk ◽  
Risk Taking ◽  
Balloon Analogue Risk Task ◽  
Translational Approach ◽  
Risk Taking Behavior ◽  
New Look

Developmental changes and individual differences in risk and perspective taking in adolescence

2008 ◽  
Vol 20 (4) ◽  
pp. 1213-1229 ◽  
Author(s):  
Eveline A. Crone ◽  
L. Bullens ◽  
E. A. A. van der Plas ◽  
E. J. Kijkuit ◽  
P. D. Zelazo
Keyword(s):  
Risk Taking ◽  
Perspective Taking ◽  
Sensation Seeking ◽  
Developmental Change ◽  
Age Groups ◽  
Risky Choices ◽  
Efficient Integration ◽  
Risk Taking Behavior ◽  
The Difference ◽  
The Individual

AbstractDespite the assumed prevalence of risk-taking behavior in adolescence, the laboratory evidence of risk taking remains scarce, and the individual variation poorly understood. Drawing from neuroscience studies, we tested whether risk and reward orientation are influenced by the perspective that adolescents take when making risky decisions. Perspective taking was manipulated by cuing participants prior to each choice whether the decision was made for “self,” or from the perspective of an “other” (the experimenter in Experiment 1; a hypothetical peer in Experiment 2). In Experiment 1, we show a developmental decrease in risk-taking behavior across different stages of adolescence. In addition, all age groups made fewer risky choices for the experimenter, but the difference between self and other was larger in early adolescence. In Experiment 2, we show that high sensation-seeking (SS) adolescents make more risky choices than low SS adolescents, but both groups make a similar differentiation for other individuals (low risk-taking or high risk-taking peers). Together, the results show that younger adolescents and high SS adolescents make more risky choices for themselves, but can appreciate that others may make fewer risky choices. The developmental change toward more rational decisions versus emotional, impulsive decisions may reflect, in part, more efficient integration of others’ perspectives into one's decision making. These developmental results are discussed regarding brain systems important for risk taking and perspective taking.

scholarly journals Preprint of “How does peer competition modulates risk-taking behavior: Evidence from Event-related potentials (ERPs) in the Balloon Analogue Risk Task (BART)”

2021 ◽  
Author(s):  
Ming-Chen Zhang ◽  
Kai Dou
Keyword(s):  
Peer Influence ◽  
Risk Taking ◽  
Specific Effect ◽  
Event Related Potentials ◽  
Comparison Theory ◽  
Balloon Analogue Risk Task ◽  
Related Potentials ◽  
Risk Taking Behavior ◽  
Underlying Mechanisms ◽  
Risk Taking Behaviors

The relation between peer influence and risk-taking behaviors has received extensive empirical attention. However, the underlying mechanisms of whether how two-way conflicting context influences risk-taking behaviors still remain unclear. To this end, the current study used event-related potentials (ERPs) to investigate how peer competition affects risk-taking behaviors among adolescents. Twenty-four college students completed a Balloon Analogue Risk Task (BART) under two contexts: single and peer competition condition. Behavioral results showed that participants prefer risk aversion in competitive context. ERPs results showed that participants induce higher N2 under peer competition in the decision-making phase. In the feedback phase, a higher P300 was observed in single condition while a more negative feedback-related negativity (FRN) was showed after loss feedback. Results are in line with social comparison theory and reinforcement learning theory. The specific effect of peer influence on risk-taking behavior has been discussed.

Framing Alters Risk-Taking Behavior on a Modified Balloon Analogue Risk Task (Bart) in a Sex-Specific Manner

2010 ◽  
Vol 107 (3) ◽  
pp. 699-712 ◽  
Author(s):  
Kara I. Gabriel ◽  
Ashley Williamson
Keyword(s):  
Sex Differences ◽  
Risk Taking ◽  
Sensation Seeking ◽  
Balloon Inflation ◽  
Balloon Analogue Risk Task ◽  
Large Size ◽  
Specific Manner ◽  
Risk Taking Behavior ◽  
Risk And Benefit ◽  
And Behavior

Framing uncertain scenarios to emphasize potential positive or negative elements influences decision making and behavior. The current experiment investigated sex differences in framing effects on risk-taking propensity in a modified version of the Balloon Analogue Risk Task (BART). Male and female undergraduates completed questionnaires on sensation seeking, impulsiveness, and risk and benefit perception prior to viewing one of three framing conditions for the BART: (1) positively-framed instructions emphasizing the ability to earn money if balloons were inflated to large size; (2) negatively framed instructions emphasizing the possibility that money could be lost if balloons were inflated to bursting; and (3) completely framed instructions noting both possible outcomes. Results revealed correlations between BART performance and impulsiveness for both sexes. Compared to positive and complete framing, negatively framed instructions decreased balloon inflation time in women but not men, indicating sex differences in response to treatments designed to alter risk-taking behavior.

scholarly journals Adult age differences in frequency estimations of happy and angry faces

2014 ◽  
Vol 39 (3) ◽  
pp. 266-274 ◽  
Author(s):  
Jana Nikitin ◽  
Alexandra M. Freund
Keyword(s):  
Older Adults ◽  
Social Relations ◽  
Negative Events ◽  
High Likelihood ◽  
Social Signals ◽  
Positive Events ◽  
Younger Adults ◽  
Adult Age ◽  
Social Events ◽  
The Difference

With increasing age, the ratio of gains to losses becomes more negative, which is reflected in expectations that positive events occur with a high likelihood in young adulthood, whereas negative events occur with a high likelihood in old age. Little is known about expectations of social events. Given that younger adults are motivated to establish new social relations, they should be vigilant towards signals of opportunities for socializing, such as smiling faces. Older adults, who are particularly motivated to avoid negative encounters, should be vigilant towards negative social signals, such as angry faces. Thus, younger adults should overestimate the occurrence of positive social signals, whereas older adults should overestimate the occurrence of negative social signals. Two studies (Study 1: n = 91 younger and n = 89 older adults; Study 2: n = 50 younger and n = 50 older adults) partly supported these hypotheses using frequency estimates of happy and angry faces. Although both younger and older adults overestimated the frequency of angry compared to happy faces, the difference was significantly more pronounced for older adults.

An Experimental Study of Risk Taking Behavior Among Adolescents: A Closer Look at Peer and Sex Influences

2016 ◽  
Vol 37 (8) ◽  
pp. 1125-1141 ◽  
Author(s):  
Anouk de Boer ◽  
Margot Peeters ◽  
Ina Koning
Keyword(s):  
Experimental Study ◽  
Risk Taking ◽  
Peer Groups ◽  
Balloon Analogue Risk Task ◽  
Risk Taking Behavior

In this experimental study, it was examined to what extent peers and sex were important predictors of risk taking behavior of adolescents. Participants were 140 Dutch adolescents (52.9% boys, 12-15 years) who completed the Balloon Analogue Risk Task (BART) as a measure of risk taking behavior, either individually or in the presence of homogenous or heterogeneous peer groups. Results showed that (a) adolescents took significantly more risk when they completed the BART with peers than when they completed the risk taking task individually, (b) boys took significantly more risk when they completed the task with peers than girls but not when they completed the task individually, and (c) boys in “boy-only triads” revealed the strongest risk taking behavior compared with “mixed-girl triads” or “girl-only triads.” These results suggest that boys appear to be more susceptible to the influence of peers on risk taking behavior than girls.

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