| Literature DB >> 25642202 |
Tadeusz Tyszka1, Anna Macko1, Maciej Stańczak1.
Abstract
Several years ago, Cohen et al. (1958) demonstrated that under the influence of alcohol drivers became more risk prone, although their risk perception remained unchanged. Research shows that ambiguity aversion is to some extent positively correlated with risk aversion, though not very highly (Camerer and Weber, 1992). The question addressed by the present research is whether alcohol reduces ambiguity aversion. Our research was conducted in a natural setting (a restaurant bar), where customers with differing levels of alcohol intoxication were offered a choice between a risky and an ambiguous lottery. We found that alcohol reduced ambiguity aversion and that the effect occurred in men but not women. We interpret these findings in terms of the risk-as-value hypothesis, according to which, people in Western culture tend to value risk, and suggest that alcohol consumption triggers adherence to socially and culturally valued patterns of conduct different for men and women.Entities:
Keywords: alcohol; ambiguity aversion; gender differences; risk aversion
Year: 2015 PMID: 25642202 PMCID: PMC4295600 DOI: 10.3389/fpsyg.2014.01578
Source DB: PubMed Journal: Front Psychol ISSN: 1664-1078