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Advances in Psychological Science    2019, Vol. 27 Issue (5) : 789-795     DOI: 10.3724/SP.J.1042.2019.00789
Research Reports |
The ending effect of negative-expected value gambles: Emotional motivation induces risk taking
MENG Yuqi,XING Cai(),LIU Xinhui
Department of Psychology, Renmin University of China, Beijing 100872, China
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Abstract  

The ending effect of risky decision-making refers to the phenomenon that individuals would be more likely to take risks when a multiple-played decision-making task comes to an end. Three experiments examined the ending effect with risky decision tasks of different expected values, both in laboratory settings and in natural environment. The results showed that, the ending effect appeared in both laboratories and natural settings. Participants showed increased risk taking in the last round in both equal-expected value gambles and negative-expected value gambles. In addition, the ending effect is not moderated by the amount of tokens participants had before the last round. It appears that the ending effect is driven by the motivational need for an emotionally rewarding ending and suggests that the ending effect is reference independent. Future research on the underlying mechanism of the ending effect may benefit by focusing on affective system since it plays an important role in the ending effect.

Keywords ending effect      risky decision-making      reference independent      socioemotional selectivity theory      emotional motivation     
ZTFLH:  B849: C91  
Corresponding Authors: Cai XING     E-mail: cxing@ruc.edu.cn
Issue Date: 20 March 2019
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Yuqi MENG
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Xinhui LIU
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Yuqi MENG,Cai XING,Xinhui LIU. The ending effect of negative-expected value gambles: Emotional motivation induces risk taking[J]. Advances in Psychological Science, 2019, 27(5): 789-795.
URL:  
http://journal.psych.ac.cn/xlkxjz/EN/10.3724/SP.J.1042.2019.00789     OR     http://journal.psych.ac.cn/xlkxjz/EN/Y2019/V27/I5/789
  
研究 变量 B t p 95%CI R2
研究1 最后一轮前获胜次数 -0.129 -0.387 0.704 [-0.832, 0.574] 0.008
最后一轮前持有金额 0.014 0.309 0.761 [-0.083, 0.112]
研究2 最后一轮前获胜次数 0.174 -0.677 0.507 [-0.368, 0.717] 0.078
最后一轮前持有金额 -0.044 -1.149 0.266 [-0.126, 0.037]
  
  
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