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{
    "pk": 28701,
    "title": "Reinforcing Rational Decision Making in a Risk Elicitation task through Visual\nReasoning",
    "subtitle": null,
    "abstract": "Metrics seeking to predict financial risk-taking behaviors typically\nexhibit limited validity. This is due to the fluid nature of an\nindividual’s risk taking, and the influence of the mode and medium,\nwhich presents a decision. This paper presents two experiments that\ninvestigate how an existing risk elicitation task’s predictive capacity\nmay be enhanced through the application of an interactive model of\nvisual reasoning in a digitized version. In the first experiment, 60\nparticipants demonstrated their reasoning process. In the second\nexperiment, 225 participants were randomly assigned into three\ngroups, with the validated risk elicitation task compared as a control\nto interactive digital and non-interactive digital stimuli with pie\ncharts. The experiments yielded significant results, highlighting that\nwhen participants interact with a graph to reason their choices, it\nleads to consistent choices. The findings have implications for\nimprovement of the risk task's validity and the deployment of digital\ninteractive assessments beyond laboratory settings.",
    "language": "eng",
    "license": {
        "name": "",
        "short_name": "",
        "text": null,
        "url": ""
    },
    "keywords": [
        {
            "word": "Visualization"
        },
        {
            "word": "decision-making"
        },
        {
            "word": "risk-taking"
        },
        {
            "word": "external representations"
        },
        {
            "word": "Reasoning"
        }
    ],
    "section": "Papers with Poster Presentations",
    "is_remote": true,
    "remote_url": "https://escholarship.org/uc/item/4qw3n3n8",
    "frozenauthors": [
        {
            "first_name": "Stella",
            "middle_name": "",
            "last_name": "Doukianou",
            "name_suffix": "",
            "institution": "University of Greenwich",
            "department": ""
        },
        {
            "first_name": "Damon",
            "middle_name": "",
            "last_name": "Daylamani-Zad",
            "name_suffix": "",
            "institution": "University of Greenwich",
            "department": ""
        },
        {
            "first_name": "Petros",
            "middle_name": "",
            "last_name": "Lameras",
            "name_suffix": "",
            "institution": "Coventry University",
            "department": ""
        },
        {
            "first_name": "Ian",
            "middle_name": "",
            "last_name": "Dunwell",
            "name_suffix": "",
            "institution": "Coventry University",
            "department": ""
        }
    ],
    "date_submitted": null,
    "date_accepted": null,
    "date_published": "2019-01-01T18:00:00Z",
    "render_galley": null,
    "galleys": [
        {
            "label": "PDF",
            "type": "pdf",
            "path": "https://journalpub.escholarship.org/cognitivesciencesociety/article/28701/galley/18572/download/"
        }
    ]
}