Universität zu Köln

Ring, Patrick ORCID: 0000-0002-2214-3139, Probst, Catharina C., Neyse, Levent, Wolff, Stephan, Kaernbach, Christian, van Eimeren, Thilo, Camerer, Colin F. and Schmidt, Ulrich (2018). It's All About Gains: Risk Preferences in Problem Gambling. J. Exp. Psychol.-Gen., 147 (8). S. 1241 - 1256. WASHINGTON: AMER PSYCHOLOGICAL ASSOC. ISSN 1939-2222

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Abstract

Problem gambling is a serious socioeconomic problem involving high individual and social costs. In this article, we study risk preferences of problem gamblers including their risk attitudes in the gain and loss domains, their weighting of probabilities, and their degree of loss aversion. Our findings indicate that problem gamblers are systematically more risk taking and less sensitive toward changes in probabilities in the gain domain only. Neither their risk attitudes in the loss domain nor their degree of loss aversion are significantly different from the controls. Additional evidence for a similar degree of sensitivity toward negative outcomes is gained from skin conductance data-a psychophysiological marker for emotional arousal-in a threat-of-shock task.

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Ring, Patrick UNSPECIFIED orcid.org/0000-0002-2214-3139 UNSPECIFIED Probst, Catharina C. UNSPECIFIED UNSPECIFIED UNSPECIFIED Neyse, Levent UNSPECIFIED UNSPECIFIED UNSPECIFIED Wolff, Stephan UNSPECIFIED UNSPECIFIED UNSPECIFIED Kaernbach, Christian UNSPECIFIED UNSPECIFIED UNSPECIFIED van Eimeren, Thilo UNSPECIFIED UNSPECIFIED UNSPECIFIED Camerer, Colin F. UNSPECIFIED UNSPECIFIED UNSPECIFIED Schmidt, Ulrich UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-178621
DOI:	10.1037/xge0000418
Journal or Publication Title:	J. Exp. Psychol.-Gen.
Volume:	147
Number:	8
Page Range:	S. 1241 - 1256
Date:	2018
Publisher:	AMER PSYCHOLOGICAL ASSOC
Place of Publication:	WASHINGTON
ISSN:	1939-2222
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language DECISION-MAKING; PROSPECT-THEORY; LOSS AVERSION; PROBABILITY; ATTITUDES; BEHAVIOR; RELIABILITY; SEEKING; UTILITY; CHOICE Multiple languages Psychology, Experimental Multiple languages
Refereed:	Yes
URI:	http://kups.ub.uni-koeln.de/id/eprint/17862