On the generality of the effect of experiencing prior gains and losses on the Iowa Gambling Task: A study on young and old adults
Prospect Theory predicts that people tend to be more risk seeking if their reference point is perceived as a loss and more risk averse when the reference point is perceived as a gain. In line with this prediction, Franken, Georgieva, Muris and Dijksterhuis (2006) showed that young adults who had a...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Cambridge University Press
2016-03-01
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| Series: | Judgment and Decision Making |
| Subjects: | |
| Online Access: | http://journal.sjdm.org/15/151216/jdm151216.pdf |