 |
| Research article summary (published 30 Dec 2001): |
Decisions, decisions: analysis of age, cohort, and time of testing on framing of risky decision options.
Full Abstract
Decision making in uncertain environments is a daily challenge faced by adults of all ages. Framing decision options as either gains or losses is a common method of altering decision-making behavior. In the experiment reported here, benchmark decision-making data collected in the 1970s by Tversky and Kahneman (1981, 1988) were compared with data collected from current samples of young and older adults to determine whether behavior was consistent across time. Although differences did emerge between the benchmark and the present samples, the effect of framing on decision behavior was relatively stable. The present findings suggest that adults of all ages are susceptible to framing effects. Results also indicated that apparent age differences might be better explained by an analysis of cohort and time-of-testing effects. Actual or potential applications of this research include an understanding of how framing might influence the decision-making behavior of people of all ages in a number of applied contexts, such as product warning interactions and medical decision scenarios.
Learn Faster Today Improve your study skills
Author information
Author/s: Mayhorn, Christopher B (CB); Fisk, Arthur D (AD); Whittle, Justin D (JD);
Affiliation: Department of Psychology, North Carolina State University, Raleigh, North Carolina 27695-7801, USA. chris_mayhorn(-atsign-)ncsu.edu
Grants: P01 AG17211 (Agency:United States NIA) ; R01 AG18177 (Agency:United States NIA)
Journal and publication information
Publication Type: Journal Article; Research Support, U.S. Gov't, P.H.S.
Journal: Human factors (Hum Factors), published in United States. (Language: eng)
Reference: 2002-; vol 44 (issue 4) : pp 515-21
Dates: Created 2003/04/14; Completed 2003/06/11; Revised 2007/11/14;
PMID: 12691361, status: MEDLINE (last retrieval date: 11/6/2008)
Sourced from the National Library of Medicine. Abstract text and other information may be subject to copyright.
External Links for this article (including full text providers, if available):
Click Electronic Full-text Provider Links to see options for finding the electronic full text links to this article. Note there may be a subscription or fee required for access to the full text. See our FAQ for information on finding FREE full text articles.
This article may also be located in paper journal collections available in many libraries. Use the Journal and Publication Information above to find the full article.
MeSH headings (categories)
This article was linked to the MESH Headings shown below.
|
|
Related articles
This article has not been indexed for related articles as yet, however you can still use the live related article search links below.
See a large map of 100+ related articles.