Alsharawy, Abdelaziz; Zhang, Xiaomeng; Ball, Sheryl B.; … - 2021
We investigated the effect of large changes in financial incentives on the process of decision-making by measuring … increased risk aversion and physiological arousal, and by shifts in attention toward safer alternatives. These effects were … manifested both within and between individuals. We find no evidence that heightened risk aversion is a mistake. To capture the …