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X Demographics
Mendeley readers
Attention Score in Context
| Title |
Aging and loss decision making: increased risk aversion and decreased use of maximizing information, with correlated rationality and value maximization
|
|---|---|
| Published in |
Frontiers in Human Neuroscience, May 2015
|
| DOI | 10.3389/fnhum.2015.00280 |
| Pubmed ID | |
| Authors |
Yoanna A. Kurnianingsih, Sam K. Y. Sim, Michael W. L. Chee, O’Dhaniel A. Mullette-Gillman |
| Abstract |
We investigated how adult aging specifically alters economic decision-making, focusing on examining alterations in uncertainty preferences (willingness to gamble) and choice strategies (what gamble information influences choices) within both the gains and losses domains. Within each domain, participants chose between certain monetary outcomes and gambles with uncertain outcomes. We examined preferences by quantifying how uncertainty modulates choice behavior as if altering the subjective valuation of gambles. We explored age-related preferences for two types of uncertainty, risk, and ambiguity. Additionally, we explored how aging may alter what information participants utilize to make their choices by comparing the relative utilization of maximizing and satisficing information types through a choice strategy metric. Maximizing information was the ratio of the expected value of the two options, while satisficing information was the probability of winning. We found age-related alterations of economic preferences within the losses domain, but no alterations within the gains domain. Older adults (OA; 61-80 years old) were significantly more uncertainty averse for both risky and ambiguous choices. OA also exhibited choice strategies with decreased use of maximizing information. Within OA, we found a significant correlation between risk preferences and choice strategy. This linkage between preferences and strategy appears to derive from a convergence to risk neutrality driven by greater use of the effortful maximizing strategy. As utility maximization and value maximization intersect at risk neutrality, this result suggests that OA are exhibiting a relationship between enhanced rationality and enhanced value maximization. While there was variability in economic decision-making measures within OA, these individual differences were unrelated to variability within examined measures of cognitive ability. Our results demonstrate that aging alters economic decision-making for losses through changes in both individual preferences and the strategies individuals employ. |
X Demographics
Geographical breakdown
| Country | Count | As % |
|---|---|---|
| United Kingdom | 2 | 40% |
| Unknown | 3 | 60% |
Demographic breakdown
| Type | Count | As % |
|---|---|---|
| Members of the public | 4 | 80% |
| Science communicators (journalists, bloggers, editors) | 1 | 20% |
Mendeley readers
The data shown below were compiled from readership statistics for 82 Mendeley readers of this research output. Click here to see the associated Mendeley record.
Geographical breakdown
| Country | Count | As % |
|---|---|---|
| Singapore | 2 | 2% |
| Germany | 1 | 1% |
| Switzerland | 1 | 1% |
| Unknown | 78 | 95% |
Demographic breakdown
| Readers by professional status | Count | As % |
|---|---|---|
| Student > Ph. D. Student | 21 | 26% |
| Researcher | 13 | 16% |
| Student > Master | 10 | 12% |
| Student > Doctoral Student | 4 | 5% |
| Professor > Associate Professor | 4 | 5% |
| Other | 12 | 15% |
| Unknown | 18 | 22% |
| Readers by discipline | Count | As % |
|---|---|---|
| Psychology | 25 | 30% |
| Business, Management and Accounting | 7 | 9% |
| Neuroscience | 5 | 6% |
| Economics, Econometrics and Finance | 4 | 5% |
| Medicine and Dentistry | 3 | 4% |
| Other | 13 | 16% |
| Unknown | 25 | 30% |
Attention Score in Context
This research output has an Altmetric Attention Score of 11. This is our high-level measure of the quality and quantity of online attention that it has received. This Attention Score, as well as the ranking and number of research outputs shown below, was calculated when the research output was last mentioned on 16 January 2017.
All research outputs
#3,133,784
of 25,018,122 outputs
Outputs from Frontiers in Human Neuroscience
#1,503
of 7,602 outputs
Outputs of similar age
#38,550
of 270,040 outputs
Outputs of similar age from Frontiers in Human Neuroscience
#49
of 179 outputs
Altmetric has tracked 25,018,122 research outputs across all sources so far. Compared to these this one has done well and is in the 87th percentile: it's in the top 25% of all research outputs ever tracked by Altmetric.
So far Altmetric has tracked 7,602 research outputs from this source. They typically receive a lot more attention than average, with a mean Attention Score of 14.9. This one has done well, scoring higher than 80% of its peers.
Older research outputs will score higher simply because they've had more time to accumulate mentions. To account for age we can compare this Altmetric Attention Score to the 270,040 tracked outputs that were published within six weeks on either side of this one in any source. This one has done well, scoring higher than 85% of its contemporaries.
We're also able to compare this research output to 179 others from the same source and published within six weeks on either side of this one. This one has gotten more attention than average, scoring higher than 73% of its contemporaries.