Comparing experience- and description-based economic preferences across 11 countries

Recent evidence indicates that reward value encoding in humans is highly context dependent, leading to suboptimal decisions in some cases, but whether this computational constraint on valuation is a shared feature of human cognition remains unknown. Here we studied the behaviour of n = 561 i...

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Autores principales: Navajas, Joaquín, et al.
Formato: Artículo publishedVersion
Lenguaje:Inglés
Publicado: Nature Human Behaviour (e-ISSN: 2397-3374) 2024
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Acceso en línea:https://repositorio.utdt.edu/handle/20.500.13098/12782
https://doi.org/10.1038/s41562-024- 01894-9
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spelling I57-R163-20.500.13098-127822024-06-19T07:00:19Z Comparing experience- and description-based economic preferences across 11 countries Navajas, Joaquín et al. Decision making Comportamiento social Social behavior Human cognition Risk Culture Suboptimal decisions Aversión al riesgo Risk aversion Cultural Makeup Recent evidence indicates that reward value encoding in humans is highly context dependent, leading to suboptimal decisions in some cases, but whether this computational constraint on valuation is a shared feature of human cognition remains unknown. Here we studied the behaviour of n = 561 individuals from 11 countries of markedly diferent socioeconomic and cultural makeup. Our fndings show that context sensitivity was present in all 11 countries. Suboptimal decisions generated by context manipulation were not explained by risk aversion, as estimated through a separate description-based choice task (that is, lotteries) consisting of matched decision ofers. Conversely, risk aversion signifcantly difered across countries. Overall, our fndings suggest that context-dependent reward value encoding is a feature of human cognition that remains consistently present across diferent countries, as opposed to description-based decision-making, which is more permeable to cultural factors. Este artículo se encuentra publicado en Nature Human Behaviour (e-ISSN: 2397-3374) /// Por motivos relacionados con los derechos de autor este documento solo puede ser consultado en la Biblioteca Di Tella. Para reservar una cita podés ponerte en contacto con repositorio@utdt.edu. 2024-06-18T17:52:27Z 2024-06-18T17:52:27Z 2024-06-14 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion https://repositorio.utdt.edu/handle/20.500.13098/12782 https://doi.org/10.1038/s41562-024- 01894-9 eng info:eu-repo/semantics/restrictedAccess http://rightsstatements.org/page/InC/1.0/?language=es 22 p. application/pdf application/pdf Nature Human Behaviour (e-ISSN: 2397-3374)
institution Universidad Torcuato Di Tella
institution_str I-57
repository_str R-163
collection Repositorio Digital Universidad Torcuato Di Tella
language Inglés
orig_language_str_mv eng
topic Decision making
Comportamiento social
Social behavior
Human cognition
Risk
Culture
Suboptimal decisions
Aversión al riesgo
Risk aversion
Cultural Makeup
spellingShingle Decision making
Comportamiento social
Social behavior
Human cognition
Risk
Culture
Suboptimal decisions
Aversión al riesgo
Risk aversion
Cultural Makeup
Navajas, Joaquín
et al.
Comparing experience- and description-based economic preferences across 11 countries
topic_facet Decision making
Comportamiento social
Social behavior
Human cognition
Risk
Culture
Suboptimal decisions
Aversión al riesgo
Risk aversion
Cultural Makeup
description Recent evidence indicates that reward value encoding in humans is highly context dependent, leading to suboptimal decisions in some cases, but whether this computational constraint on valuation is a shared feature of human cognition remains unknown. Here we studied the behaviour of n = 561 individuals from 11 countries of markedly diferent socioeconomic and cultural makeup. Our fndings show that context sensitivity was present in all 11 countries. Suboptimal decisions generated by context manipulation were not explained by risk aversion, as estimated through a separate description-based choice task (that is, lotteries) consisting of matched decision ofers. Conversely, risk aversion signifcantly difered across countries. Overall, our fndings suggest that context-dependent reward value encoding is a feature of human cognition that remains consistently present across diferent countries, as opposed to description-based decision-making, which is more permeable to cultural factors.
format Artículo
publishedVersion
author Navajas, Joaquín
et al.
author_facet Navajas, Joaquín
et al.
author_sort Navajas, Joaquín
title Comparing experience- and description-based economic preferences across 11 countries
title_short Comparing experience- and description-based economic preferences across 11 countries
title_full Comparing experience- and description-based economic preferences across 11 countries
title_fullStr Comparing experience- and description-based economic preferences across 11 countries
title_full_unstemmed Comparing experience- and description-based economic preferences across 11 countries
title_sort comparing experience- and description-based economic preferences across 11 countries
publisher Nature Human Behaviour (e-ISSN: 2397-3374)
publishDate 2024
url https://repositorio.utdt.edu/handle/20.500.13098/12782
https://doi.org/10.1038/s41562-024- 01894-9
work_keys_str_mv AT navajasjoaquin comparingexperienceanddescriptionbasedeconomicpreferencesacross11countries
AT etal comparingexperienceanddescriptionbasedeconomicpreferencesacross11countries
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