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Updated: Feb 22, 2026

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
Published on: September 19, 2012
Eleonore Batteux1, Eamonn Ferguson1, Richard J Tunney1
11 School of Psychology, University of Nottingham, UK.
When making decisions for others, people take more moderate risks, aligning choices with expected value. This suggests subjective risk preferences decrease in surrogate decision-making scenarios.
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