Strategic insight and age-related goal neglect influence risky decision-making

Strategic insight and age-related goal neglect influence risky decision-making

Maximizing long-run gains often requires taking on some degree of risk, yet decision-makers often exhibit risk aversion (RA), rejecting risky prospects even when these have higher expected value than safer alternatives. We investigated whether explicit strategy instruction and practice can decrease...

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Bibliographic Details
Main Authors: Andrew eWestbrook, Bruna eMartins, Tal eYarkoni, Todd S Braver
Format: Article
Language:English
Published: Frontiers Media S.A. 2012-05-01
Series:Frontiers in Neuroscience
Subjects:
Aging
decision-making
risk aversion
goal neglect
strategy training
Online Access:http://journal.frontiersin.org/Journal/10.3389/fnins.2012.00068/full

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