Dear All,
The CEU Department of Cognitive Science and the Social Mind Center invites you to the following talk:
Stefano Palminteri
(École Normale Supérieure)
Feedback-induced dispositional changes in risk preferences
Contrary to the original normative decision-making standpoint, empirical studies have repeatedly reported that risk preferences are affected
by the disclosure of choice outcomes (feedback). Although no consensus has yet emerged regarding the properties and mechanisms of this effect, a widespread and intuitive hypothesis is that repeated feedback affects risk preferences by means of a learning effect,
which alters the representation of subjective probabilities. Here, we ran a series of seven experiments (N= 538), tailored to decipher the effects of feedback on risk preferences. Our results indicate that the presence of feedback consistently increases risk-taking,
even when the risky option is economically less advantageous. Crucially, risk-taking increases just after the instructions, before participants experience any feedback. These results challenge the learning account, and advocate for a dispositional effect,
induced by the mere anticipation of feedback information. Epistemic curiosity and regret avoidance may drive this effect in partial and complete feedback conditions, respectively.
Date: Wednesday, December 13, 2023
Time:
4 pm to 5:30 pm CET
Venue:
QS D-001 Tiered* (Vienna)
Zoom:
https://ceu-edu.zoom.us/j/91453950071?pwd=Q2RPMjRPYi9xbVErbnR0V1V6Njk1Zz09
(Meeting ID:
914 5395 0071, Passcode:
396644)
Chair:
Natalie Sebanz
*Anyone not affiliated with CEU wishing to
attend in-person in Vienna must RSVP to get access
to the lecture hall.
Please note that we might make a video recording of the lecture, store the record for an unlimited period of time under CEU’s Panopto account,
and share the link with CEU students, staff and faculty.
Best regards,
Andi and Fanni
This e-mail address is managed by the coordinators of the CEU Social Mind Center.
Central European University
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