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Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
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Published on: September 19, 2012

Reappraisal and expected value modulate risk taking.

Laura Martin Braunstein1, Stefanie J Herrera, Mauricio R Delgado

  • 1a Psychology Department , Columbia University , New York , NY , USA.

Cognition & Emotion
|July 9, 2013
PubMed
Summary
This summary is machine-generated.

Cognitive reappraisal strategies flexibly alter risk-taking behavior during decision-making. These strategies adjust choices based on regulation goals and the potential value of rewards.

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Area of Science:

  • Neuroscience
  • Cognitive Psychology
  • Decision Science

Background:

  • Decision-making relies on evaluating reward opportunities signaled by appetitive cues.
  • Cognitive regulation strategies, like reappraisal, can modulate these evaluations to support goal-directed choices.
  • The impact of reappraisal on risk-taking behavior remains largely uncharacterized.

Purpose of the Study:

  • To investigate how cognitive reappraisal strategies influence risk-taking during decision-making.
  • To systematically examine the effects of varying reappraisal goals (emphasize vs. de-emphasize) and decision option values on risk.
  • To understand the flexibility of reappraisal in modulating behavior toward appetitive cues.

Main Methods:

  • Participants employed two reappraisal strategies (emphasize/de-emphasize) during cue presentation signaling monetary decisions.
  • The expected value of risky choices was systematically manipulated (beneficial or disadvantageous).
  • Risk-taking behavior was measured in response to varying decision contexts and reappraisal goals.

Main Results:

  • Reappraisal strategies significantly altered risk-taking behavior.
  • The direction and magnitude of risk-taking changes corresponded with both the regulation goals and the expected value of the decision.
  • Behavioral modulation occurred without apparent loss of value information.

Conclusions:

  • Cognitive reappraisal offers a flexible mechanism to modify behavior associated with reward-related cues.
  • Reappraisal can be strategically employed to enhance or reduce risk-taking depending on current goals.
  • These findings highlight the adaptive potential of reappraisal in navigating complex decision-making environments.