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Updated: Aug 21, 2026

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
Published on: September 19, 2012
Individual differences of action orientation for risktaking in sports
Markus Raab1, Joseph G Johnson
1Institute for Movement Sciences and Sport at the University of Flensburg. raab@uni-flensburg.de
Abstract:
The goal of this article is to explain empirical risk-taking behavior in sports from an individual cognitive modeling perspective. A basketball task was used in which participants viewed four video options that varied in the degree of associated risk. The participants were independently classified by scores on the Questionnaire for Assessing Prospective Action Orientation and State Orientation in Success, Failure, and Planning Situations as action-oriented or state-oriented decision makers. The results of the experiment show that action-oriented players shoot faster and more often to the basket and that state-oriented players prefer to pass to a playmaker more often. Four versions of a computational model of decision making, Decision Field Theory, were compared to evaluate whether behavioral differences depend on the focus of attention, the initial preferences, threshold values, or an approach-avoidance interpretation of the task. Different starting preferences explained individual choices and decision times most accurately. Risk taking in basketball shooting behavior can be best explained by different preferences for starting values for risky and safe options caused by different levels of action orientation.
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