Table 1.
description |
experience |
|||
---|---|---|---|---|
probability | gain domain | loss domain | gain domain | loss domain |
low | 32, 0.1a versus 3, 1.0 rare event: 32, 0.1 risk-seeking 48%b |
−32, 0.1 versus −3, 1.0 rare event: −32, 0.1 risk-averse 36% |
32, 0.1 versus 3, 1.0 rare event: 32, 0.1 risk-averse 20% |
−32, 0.1 versus −3, 1.0 rare event: −32, 0.1 risk-seeking 72% |
high | 4, 0.8 versus 3, 1.0 rare event: 0, 0.2 risk-averse 36% |
−4, 0.8 versus −3, 1.0 rare event: 0, 0.2 risk-seeking 72% |
4, 0.8 versus 3, 1.0 rare event: 0, 0.2 risk-seeking 88% |
−4, 0.8 versus −3, 1.0 rare event: 0, 0.2 risk-averse 44% |
aThe alternative outcome (0 otherwise) has been omitted for all risky options.
bThis is the proportion of risky choices observed. In past studies, this proportion (48%) has been found to be greater than 50% (e.g. [52]).