Individual differences in loss aversion and preferences for skewed risks across adulthood.
Publication
, Journal Article
Seaman, KL; Green, MA; Shu, S; Samanez-Larkin, GR
Published in: Psychology and aging
June 2018
In a previous study, we found adult age differences in the tendency to accept more positively skewed gambles (with a small chance of a large win) than other equivalent risks, or an age-related positive-skew bias. In the present study, we examined whether loss aversion explained this bias. A total of 508 healthy participants (ages 21-82) completed measures of loss aversion and skew preference. Age was not related to loss aversion. Although loss aversion was a significant predictor of gamble acceptance, it did not influence the age-related positive-skew bias. (PsycINFO Database Record
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Published In
Psychology and aging
DOI
EISSN
1939-1498
ISSN
0882-7974
Publication Date
June 2018
Volume
33
Issue
4
Start / End Page
654 / 659
Related Subject Headings
- Young Adult
- Risk-Taking
- Middle Aged
- Male
- Individuality
- Humans
- Female
- Experimental Psychology
- Decision Making
- Aged, 80 and over
Citation
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Seaman, K. L., Green, M. A., Shu, S., & Samanez-Larkin, G. R. (2018). Individual differences in loss aversion and preferences for skewed risks across adulthood. Psychology and Aging, 33(4), 654–659. https://doi.org/10.1037/pag0000261
Seaman, Kendra L., Mikella A. Green, Stephen Shu, and Gregory R. Samanez-Larkin. “Individual differences in loss aversion and preferences for skewed risks across adulthood.” Psychology and Aging 33, no. 4 (June 2018): 654–59. https://doi.org/10.1037/pag0000261.
Seaman KL, Green MA, Shu S, Samanez-Larkin GR. Individual differences in loss aversion and preferences for skewed risks across adulthood. Psychology and aging. 2018 Jun;33(4):654–9.
Seaman, Kendra L., et al. “Individual differences in loss aversion and preferences for skewed risks across adulthood.” Psychology and Aging, vol. 33, no. 4, June 2018, pp. 654–59. Epmc, doi:10.1037/pag0000261.
Seaman KL, Green MA, Shu S, Samanez-Larkin GR. Individual differences in loss aversion and preferences for skewed risks across adulthood. Psychology and aging. 2018 Jun;33(4):654–659.
Published In
Psychology and aging
DOI
EISSN
1939-1498
ISSN
0882-7974
Publication Date
June 2018
Volume
33
Issue
4
Start / End Page
654 / 659
Related Subject Headings
- Young Adult
- Risk-Taking
- Middle Aged
- Male
- Individuality
- Humans
- Female
- Experimental Psychology
- Decision Making
- Aged, 80 and over