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{ "pk": 25522, "title": "A Dual-process Model of Framing Effects in Risky Choice", "subtitle": null, "abstract": "This work investigates the intuitive and deliberative cognitive\nprocesses underlying risky decision-making by manipulating\ntime pressure. A recent fMRI study by De Martino et al.\n(2006) found greater activation of the amygdala when\nexhibiting framing effects suggesting that they may be driven\nby System 1. Because this system is characterized as being\nfast, we expect more pronounced framing effects under time\npressure. In our experiment, we manipulated time pressure\nand accuracy and use a dynamic dual-process model to\nexplain our results. The model we develop is a sequential\nsampling model in which the drift rates and boundaries vary\nin accordance with the thinking modes, frames, and time\npressure", "language": "eng", "license": { "name": "", "short_name": "", "text": null, "url": "" }, "keywords": [ { "word": "Decision-making; dual-process theory; risky\nchoice; time pressure; framing effects" } ], "section": "Papers", "is_remote": true, "remote_url": "https://escholarship.org/uc/item/2735g94s", "frozenauthors": [ { "first_name": "Lisa", "middle_name": "", "last_name": "Guo", "name_suffix": "", "institution": "University of California, Irvine", "department": "" }, { "first_name": "Jennifer", "middle_name": "S", "last_name": "Trueblood", "name_suffix": "", "institution": "University of California, Irvine", "department": "" }, { "first_name": "Adele", "middle_name": "", "last_name": "Diederich", "name_suffix": "", "institution": "Jacobs University", "department": "" } ], "date_submitted": null, "date_accepted": null, "date_published": "2015-01-01T18:00:00Z", "render_galley": null, "galleys": [ { "label": "PDF", "type": "pdf", "path": "https://journalpub.escholarship.org/cognitivesciencesociety/article/25522/galley/15146/download/" } ] }