Pitch right : the effect of vocal pitch on risk aversion

During interpersonal interactions, individual perceptions and judgment are unavoidably influenced by speech cues,such as vocal pitch. This paper experimentally examines the effect of vocal pitch on risk attitudes. In a lottery-choicetask, subjects made a series of binary choices between a 50–50 lott...

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Main Authors: Chua, Gabriel Yong Ping, Liaw, Shao Yi, Er, Hui Jun, He, Tai-Sen
Other Authors: School of Social Sciences
Format: Journal Article
Language:English
Published: 2021
Subjects:
Online Access:https://ideas.repec.org/a/ebl/ecbull/eb-20-00753.html
https://hdl.handle.net/10356/146256
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author Chua, Gabriel Yong Ping
Liaw, Shao Yi
Er, Hui Jun
He, Tai-Sen
author2 School of Social Sciences
author_facet School of Social Sciences
Chua, Gabriel Yong Ping
Liaw, Shao Yi
Er, Hui Jun
He, Tai-Sen
author_sort Chua, Gabriel Yong Ping
collection NTU
description During interpersonal interactions, individual perceptions and judgment are unavoidably influenced by speech cues,such as vocal pitch. This paper experimentally examines the effect of vocal pitch on risk attitudes. In a lottery-choicetask, subjects made a series of binary choices between a 50–50 lottery and a sure outcome option and were asked tolisten to a voice recording verbalizing the payoff information of these options. We manipulated the vocal pitch of thevoice recordings and administered three treatment conditions: control, low-pitch, and high-pitch. We found that ahigher-pitched voice increased risk aversion, while a lower-pitched voice raised risk tolerance. As a relatively smallsample size was employed, the results should be considered preliminary; future replications are indeed necessary toconfirm the robustness and generalizability of the findings.
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spelling ntu-10356/1462562023-03-05T15:33:50Z Pitch right : the effect of vocal pitch on risk aversion Chua, Gabriel Yong Ping Liaw, Shao Yi Er, Hui Jun He, Tai-Sen School of Social Sciences Social sciences::Economic development Vocal Pitch Risk Aversion During interpersonal interactions, individual perceptions and judgment are unavoidably influenced by speech cues,such as vocal pitch. This paper experimentally examines the effect of vocal pitch on risk attitudes. In a lottery-choicetask, subjects made a series of binary choices between a 50–50 lottery and a sure outcome option and were asked tolisten to a voice recording verbalizing the payoff information of these options. We manipulated the vocal pitch of thevoice recordings and administered three treatment conditions: control, low-pitch, and high-pitch. We found that ahigher-pitched voice increased risk aversion, while a lower-pitched voice raised risk tolerance. As a relatively smallsample size was employed, the results should be considered preliminary; future replications are indeed necessary toconfirm the robustness and generalizability of the findings. Ministry of Education (MOE) Published version Research funding from the Ministry of Education of Singapore (MOE Academic Research Fund Tier 1 RG 141/19) is gratefully acknowledged. 2021-02-04T05:00:41Z 2021-02-04T05:00:41Z 2020 Journal Article Chua, G. Y. P., Liaw, S. Y., Er, H. J., & He, T.-S. (2020). Pitch right : the effect of vocal pitch on risk aversion. Economics Bulletin, 40(4), 3131-3139. 1545-2921 https://ideas.repec.org/a/ebl/ecbull/eb-20-00753.html https://hdl.handle.net/10356/146256 4 40 3131 3139 en RG 141/19 Economics Bulletin © 2020 The Author(s) (published by AccessEcon LLC). This is an open-access article distributed under the terms of the Creative Commons Attribution License. application/pdf
spellingShingle Social sciences::Economic development
Vocal Pitch
Risk Aversion
Chua, Gabriel Yong Ping
Liaw, Shao Yi
Er, Hui Jun
He, Tai-Sen
Pitch right : the effect of vocal pitch on risk aversion
title Pitch right : the effect of vocal pitch on risk aversion
title_full Pitch right : the effect of vocal pitch on risk aversion
title_fullStr Pitch right : the effect of vocal pitch on risk aversion
title_full_unstemmed Pitch right : the effect of vocal pitch on risk aversion
title_short Pitch right : the effect of vocal pitch on risk aversion
title_sort pitch right the effect of vocal pitch on risk aversion
topic Social sciences::Economic development
Vocal Pitch
Risk Aversion
url https://ideas.repec.org/a/ebl/ecbull/eb-20-00753.html
https://hdl.handle.net/10356/146256
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