Document Detail


Academic decision making and prospect theory.
MedLine Citation:
PMID:  22049669     Owner:  NLM     Status:  In-Process    
Abstract/OtherAbstract:
Two studies are reported that investigate the applicability of prospect theory to college students' academic decision making. Exp. 1 failed to provide support for the risk-seeking portion of the fourfold pattern predicted by prospect theory but did find the greater weighting of losses over gains. Using a more sensitive dependent measure, in Exp. 2 the results of the first experiment were replicated in terms of the gain-loss effect and also found some support for the fourfold pattern in the interaction between probabilities and gain versus loss. The greatest risk-seeking was found in the high probability loss condition.
Authors:
Robert R Mowrer; William B Davidson
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Publication Detail:
Type:  Journal Article    
Journal Detail:
Title:  Psychological reports     Volume:  109     ISSN:  0033-2941     ISO Abbreviation:  Psychol Rep     Publication Date:  2011 Aug 
Date Detail:
Created Date:  2011-11-04     Completed Date:  -     Revised Date:  -    
Medline Journal Info:
Nlm Unique ID:  0376475     Medline TA:  Psychol Rep     Country:  United States    
Other Details:
Languages:  eng     Pagination:  289-300     Citation Subset:  IM    
Affiliation:
Department of Psychology, Sociology, & Social Work, Angelo State University, San Angelo, TX 76909, USA. robert.mowrer@angelo.edu
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