Literature DB >> 12679041

Detectability of the negative event: effect on the acceptance of pre- or post-event risk-defusing actions.

Oswald Huber1, Odilo W Huber.   

Abstract

In risky decision situations, many decision makers search for risk-defusing operators (RDOs). An RDO is an action intended by the decision maker to be performed additionally to a specific alternative and is expected to decrease the risk. Pre-event RDOs (e.g., vaccination) have to be applied before a negative event (e.g., infection) occurs. Post-event RDOs do not need to be initiated before and unless the event happens (e.g., medical treatment). For the successful application of Post-event RDOs, the negative event must be detected in time. Two experiments investigated the effect of uncertainty in the detection of the negative event. In Experiment 1, only a small minority of subjects noted this uncertainty without a cue, and even with cue, only a minority actively searched for probability information. In Experiment 2, the probability for correctly detecting the negative event was varied. When detection was certain, most subjects chose the alternative with a Post-event RDO, whereas this percentage decreased significantly with decreasing probability of correct detection. Also, in the conditions with a more extreme negative outcome, less decision makers chose the alternative with the Post-event RDO. Copyright 2002 Elsevier Science B.V.

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Year:  2003        PMID: 12679041     DOI: 10.1016/s0001-6918(02)00148-8

Source DB:  PubMed          Journal:  Acta Psychol (Amst)        ISSN: 0001-6918


  1 in total

1.  Evaluation-Dependent Representation in Risk Defusing.

Authors:  Oswald Huber
Journal:  Front Psychol       Date:  2017-05-23
  1 in total

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