Literature DB >> 21846266

Expertise and gambling: using type 2 signal detection theory to investigate differences between regular gamblers and nongamblers.

Sara E Lueddeke1, Philip A Higham.   

Abstract

This paper presents an experimental investigation into how individuals make decisions under uncertainty when faced with different payout structures in the context of gambling. Type 2 signal detection theory was utilized to compare sensitivity to bias manipulations between regular nonproblem gamblers and nongamblers in a novel probability-based gambling task. The results indicated that both regular gamblers and nongamblers responded to the changes of rewards for correct responses (Experiment 1) and penalties for errors (Experiment 2) in setting their gambling criteria, but that regular gamblers were more sensitive to these manipulations of bias. Regular gamblers also set gambling criteria that were more optimal. The results are discussed in terms of an expertise-transference hypothesis.

Mesh:

Year:  2011        PMID: 21846266     DOI: 10.1080/17470218.2011.584631

Source DB:  PubMed          Journal:  Q J Exp Psychol (Hove)        ISSN: 1747-0218            Impact factor:   2.143


  6 in total

1.  Nonmonetary Decision-Making Indices Discriminate Between Different Behavioral Components of Gambling.

Authors:  Juan F Navas; Ana Torres; Raquel Vilar; Antonio Verdejo-García; Andrés Catena; José C Perales
Journal:  J Gambl Stud       Date:  2015-12

Review 2.  Rise of the Machines: A Critical Review on the Behavioural Effects of Automating Traditional Gambling Games.

Authors:  Tess Armstrong; Matthew Rockloff; Nancy Greer; Phillip Donaldson
Journal:  J Gambl Stud       Date:  2017-09

3.  Dissociating early- and late-selection processes in recall: the mixed blessing of categorized study lists.

Authors:  Mehmet A Guzel; Philip A Higham
Journal:  Mem Cognit       Date:  2013-07

4.  Are regulatory strategies necessary in the regulation of accuracy? The effect of direct-access answers.

Authors:  Karlos Luna; Beatriz Martín-Luengo; Neil Brewer
Journal:  Mem Cognit       Date:  2015-11

5.  Blind insight: metacognitive discrimination despite chance task performance.

Authors:  Ryan B Scott; Zoltan Dienes; Adam B Barrett; Daniel Bor; Anil K Seth
Journal:  Psychol Sci       Date:  2014-11-10

6.  Expertise and decision-making in American football.

Authors:  Adam J Woods; Alexander Kranjec; Matt Lehet; Anjan Chatterjee
Journal:  Front Psychol       Date:  2015-07-13
  6 in total

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