INFORMATION ACQUISITION UNDER RISKY CONDITIONS ACROSS REAL AND HYPOTHETICAL SETTINGS
使用Mouselab过程追踪软件收集数据,比较真实与假设情境下被试在风险选择中的信息获取行为,发现两种情境在决策时间、信息完整性和风险偏好上无显著差异,但风险偏好与信息获取的完整性和起始点相关。
I collect data on how subjects acquire information about risky choices in both real and hypothetical settings using process‐tracing software called Mouselab. On average, there are no significant differences across settings in the amount of time subjects take to make a choice or the completeness of the information they acquire. Subjects also acquire information in sequences consistent with an integration model of decision‐making, such as expected utility theory or prospect theory. I do not find significant differences in risk preferences across settings, on average, but I do find that subjects' risk preferences are related to the completeness of the information that they acquire and where they start their information acquisition.