The DOI matches its Crossref record; 55 of the 56 references it cites were found in a registry or an index.
Decision making and learning while taking sequential risks.
Abstract
A sequential risk-taking paradigm used to identify real-world risk takers invokes both learning and decision processes. This article expands the paradigm to a larger class of tasks with different stochastic environments and different learning requirements. Generalizing a Bayesian sequential risk-taking model to the larger set of tasks clarifies the roles of learning and decision making during sequential risky choice. Results show that respondents adapt their learning processes and associated mental representations of the task to the stochastic environment. Furthermore, their Bayesian learning processes are shown to interfere with the paradigm's identification of risky drug use, whereas the decision-making process facilitates its diagnosticity. Theoretical implications of the results in terms of both understanding risk-taking behavior and improving risk-taking assessment methods are discussed.
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“Pleskac (2008) observed that the sequential nature of the BART implies a learning effect, which enables participants to determine the nonstationary probablistic nature of the task.”
From Risk taking and sensitivity to punishment in children with ADHD, ODD, ADHD+ODD, and controls (2011) · cites this paper as Pleskac 2008
In the citing paper
“It should also be noted that alternative BART outcome measures have been used by other researchers (e.g., Lejuez et al. 2003; Pleskac 2008) and our sample size prevented examination of potential sex or racial-ethnic differences.”
From Risk taking and sensitivity to punishment in children with ADHD, ODD, ADHD+ODD, and controls (2011) · cites this paper as Pleskac 2008
Citations
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Cited by
Sorted by citations
Mindful Judgment and Decision Making
Weber, E. U., & Johnson, E. J. (2008) · Annual Review of Psychology · doi:10.1146/annurev.psych.60.110707.163633 · Cited by 782
Figner, B., Mackinlay, R. J., Wilkening, F., & Weber, E. U. (2009) · Journal of Experimental Psychology: Learning, Memory, and Cognition · doi:10.1037/a0014983 · Cited by 625
Mind the gap: bridging economic and naturalistic risk-taking with cognitive neuroscience
Schönberg, T., Fox, C. R., & Poldrack, R. A. (2010) · Trends in Cognitive Sciences · doi:10.1016/j.tics.2010.10.002 · Cited by 342
Using prediction markets to estimate the reproducibility of scientific research
Dreber, A., Pfeiffer, T., Almenberg, J., Isaksson, S., Wilson, B., Chen, Y., Nosek, B. A., & Johannesson, M. (2015) · Proceedings of the National Academy of Sciences · doi:10.1073/pnas.1516179112 · Cited by 331
Lauriola, M., Panno, A., Levin, I. P., & Lejuez, C. W. (2013) · Journal of Behavioral Decision Making · doi:10.1002/bdm.1784 · Cited by 283
Metadata
- Authors
- Pleskac, T. J.
- Affiliations
- Indiana University (US)
- Corresponding author
- Pleskac, Timothy J.
- ORCID
- Pleskac, Timothy J.
- Venue
- Journal of Experimental Psychology: Learning, Memory, and Cognition
- Published
- 2008
- Volume
- 34
- Issue
- 1
- Pages
- 167-185
- ISSN
- 0278-7393 (ISSN-L)
- 1939-1285
- OpenAlex
- W1980195663
- Cited by
- 121
- References
- 56
- Citations by year
- 2026: 1 · 2025: 4 · 2024: 7 · 2023: 9 · 2022: 15 · 2021: 13 · 2020: 5 · 2019: 3 · 2018: 11 · 2017: 6 · 2016: 6 · 2015: 6 · 2014: 8 · 2013: 6 · 2012: 7
- FWCI
- 2.84
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Journal of Experimental Psychology Learning Memory and Cognition (publishedVersion)
- PubMed (publishedVersion)
- Funders
- National Institute on Drug Abuse (R21-DA14699)
- National Institute of Mental Health (MH019879)
- Topics
- Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
- Life Sciences › Neuroscience › Cognitive Neuroscience › Neural and Behavioral Psychology Studies
- Social Sciences › Decision Sciences › Management Science and Operations Research › Leadership, Behavior, and Decision-Making Studies
- Keywords
- decision making under risk, Bayesian learning, decision-making, mental representation, stochastic environments, risk-taking
- MeSH terms
- Adolescent, Adult, Association Learning, Bayes Theorem, Choice Behavior, Culture, Decision Making, Decision Theory, Female, Gambling, Humans, Individuality, Male, Pattern Recognition, Visual, Psychomotor Performance, Risk-Taking, Stochastic Processes, Health Behavior, Substance-Related Disorders
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