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{
    "pk": 27254,
    "title": "How the Mind Exploits Risk-Reward Structures in Decisions under Risk",
    "subtitle": null,
    "abstract": "In many natural domains, risks and rewards are inversely re-lated (Pleskac & Hertwig, 2014). We sought to understandhow people might use this relationship in choosing amongrisky gambles. To do so we, manipulated risk-reward struc-tures of monetary gambles to be either negatively or positivelycorrelated, or uncorrelated. After substantial exposure to theseenvironments, participants completed a speeded choice taskamong non-dominated gambles. Eye-tracking data from thistask suggests that participants often shifted their attention tomainly one attribute in the correlated conditions, in which therisk-reward relationship was present. This was an adaptivestrategy that resulted in a similar proportion of expected-valuemaximizing choices, compared to a more compensatory pro-cessing strategy.",
    "language": "eng",
    "license": {
        "name": "",
        "short_name": "",
        "text": null,
        "url": ""
    },
    "keywords": [
        {
            "word": "risk-reward relationship; decisions under risk; at-tention; noncompensatory processing; adaptive cognition"
        }
    ],
    "section": "Posters: Papers",
    "is_remote": true,
    "remote_url": "https://escholarship.org/uc/item/9p57k8z6",
    "frozenauthors": [
        {
            "first_name": "Christina",
            "middle_name": "",
            "last_name": "Leuker",
            "name_suffix": "",
            "institution": "Max Planck Institute for Human Development",
            "department": ""
        },
        {
            "first_name": "Timothy",
            "middle_name": "J.",
            "last_name": "Pleskac",
            "name_suffix": "",
            "institution": "Max Planck Institute for Human Development",
            "department": ""
        },
        {
            "first_name": "Thorsten",
            "middle_name": "",
            "last_name": "Pachur",
            "name_suffix": "",
            "institution": "Max Planck Institute for Human Development",
            "department": ""
        },
        {
            "first_name": "Ralph",
            "middle_name": "",
            "last_name": "Hertwig",
            "name_suffix": "",
            "institution": "Max Planck Institute for Human Development",
            "department": ""
        }
    ],
    "date_submitted": null,
    "date_accepted": null,
    "date_published": "2017-01-01T18:00:00Z",
    "render_galley": null,
    "galleys": [
        {
            "label": "PDF",
            "type": "pdf",
            "path": "https://journalpub.escholarship.org/cognitivesciencesociety/article/27254/galley/16890/download/"
        }
    ]
}