Opening the iTunes Store.If iTunes doesn’t open, click the iTunes icon in your Dock or on your Windows desktop.Progress Indicator
Opening the iBooks Store.If iBooks doesn't open, click the iBooks app in your Dock.Progress Indicator

iTunes is the world's easiest way to organize and add to your digital media collection.

We are unable to find iTunes on your computer. To download from the iTunes Store, get iTunes now.

Do you already have iTunes? Click I Have iTunes to open it now.

I Have iTunes Free Download
iTunes for Mac + PC

Context As a Variable Influencing Risky Choice: A Review.

The Behavior Analyst Today 2006, Summer, 7, 3

This book is available for download with iBooks on your Mac or iOS device, and with iTunes on your computer. Books can be read with iBooks on your Mac or iOS device.


When an organism has a choice between a constant and a variable outcome, both with the same mean value, 'risk' can be assessed by the proportion of times the variable outcome is chosen. Variable amounts of reinforcement and variable delay to reinforcement have been the most commonly studied determinants of risky choice, but no one theory has accounted for the results of both manipulations. Delay-reduction theory (DRT) and the Budget Rule, which both take overall economic context of the choice into effect, are reviewed and compared in a series of studies. Human studies in risky choice show a general pattern of risk aversion. While no one theory can account for this finding, work in the area of Judgment and Decision Making may lead to new avenues of research that fruitfully combine both behavior analytic and cognitive frameworks. Keywords: Risky choice, context, delay reduction, budget hypothesis, decision making.

Context As a Variable Influencing Risky Choice: A Review.
View In iTunes
  • 2,99 €
  • Available on iPhone, iPad, iPod touch, and Mac.
  • Category: Psychology
  • Published: 22 June 2006
  • Publisher: Behavior Analyst Online
  • Print Length: 23 Pages
  • Language: English
  • Requirements: To view this book, you must have an iOS device with iBooks 1.3.1 or later and iOS 4.3.3 or later, or a Mac with iBooks 1.0 or later and OS X 10.9 or later.

Customer Ratings

We have not received enough ratings to display an average for this book.