Risk Choice: Intention vs. Action

224

Abstract

In decision-making research, the most common point of view is the synonymous similarity of intentions and actions. Most experimental procedures “reduce” them into a single act. Understanding the conventionality of separating these concepts, we distinguish two types of tasks. The first one involves only the intention and the second one also involves its subsequent behavioral implementation. The purpose of our study is to compare the risky choice as an intention and as an action. The hypothesis of various manifestations of risk-related personality traits in choice as an intention and as an action was tested. 462 students from 17 to 46 years old (M=21.20, SD=3.09) became participants in the study, including 80 male (17.3%) and 382 female (82.7%). To measure risk as intention, the participants were offered a case describing a hypothetical gambling game. To measure risk as an action, it was proposed to play a computer game of similar content. The results of one-way ANOVA (between group measures) showed that the choice of risk at the level of intention did not allow to fix the personal correlates of the decision making, however, at the level of real actions, its correlations with the Dark Triad and Uncertainty Tolerance appeared. These empirical facts were interpreted in the logic of cognitive, motivational and socio-psychological approaches. The results obtained can be used in the field of forecasting economic risks.

General Information

Keywords: economic behavior, risk preferences, risk as intention, risk as action, Uncertainty tolerance, Dark triad

Journal rubric: Psychology of Personality

Article type: scientific article

DOI: https://doi.org/10.17759/exppsy.2023160105

Funding. The reported study was supported by ISS RANEPA, project number 1994.

Received: 08.10.2022

Accepted:

For citation: Kornienko D.S., Baleva M.V., Yachmeneva N.P. Risk Choice: Intention vs. Action. Eksperimental'naâ psihologiâ = Experimental Psychology (Russia), 2023. Vol. 16, no. 1, pp. 87–100. DOI: 10.17759/exppsy.2023160105. (In Russ., аbstr. in Engl.)

References

  1. Diev V.S. Neopredelennost', riski prinyatie reshenii v mezhdistsiplinarnom kontekste [Uncertainty, risk and decision-making in an interdisciplinary context]. Sibirskii filosofskii zhurnal = Siberian Journal of Philosophy, 2019. V. 17(4). P. 41—52. DOI:10.25205/2541-7517-2019-17-4-41-52 (In Russ.).
  2. Egorova M.S. Makiavellizm v structure lichnostnykh svoistv [Machiavellianism in the structure of personality traits]. Vestnik Permskogo gosudarstvennogo pedagogicheskogo universiteta. Seriya 10. Differentsial'naya psikhologiya = Bulletin of the Perm State Pedagogical University. Series 10. Differential Psychology. 2009. V. 1/2. P. 65—80. (In Russ.).
  3. Egorova M.S., Sitnikova M.A., Parshikova O.V. Adaptatsiya Korotkogo oprosnika Temnoi triady [Adaptation of the Short Dark Triad]. Psikhologicheskie issledovaniya = Psychological research. 2015. V. 8(43). P. 1. URL: http://psystudy.ru (Accessed 11.09.2021). (In Russ.).
  4. Kahneman D. Dumai medlenno... reshai bistro [Thinking, fast and slow]. Moscow: AST, 2017. 653 p. (In Russ.).
  5. Kozeletskii Yu. Psikhologicheskaya teoriya reshenii [Psychological theory of decision]. Moscow: Progress, 1979. 504 p. (In Russ.).
  6. Kornilova T.V. Psikhologiya neopredelennosti: edinstvo intellektual'no-lichnostnoi regulyatsii reshenii I vyborov [Psychology of ambiguity: unity of intellectual and personal regulation of decisions and choices]. Psikhologicheskii zhurnal = Psychological journal. 2013. V. 34(3). P. 89—100. (In Russ.).
  7. Kornilova T.V. Psikhologiya riska I prinyatiya reshenii [Psychology of risk and decision-making]. Moscow: Aspekt Press, 2003. 284 p. (In Russ.).
  8. Kornilova T.V., Pavlova E.M., KrasavtsevaYu.V., Razvalyaeva A.Yu. Svyaz' freiming-effekta s individual'nymi razlichiyami u studentov-medikov i studentov-psikhologov [Relationship between the framing effect and individual differences in medical students and psychology students]. Natsional'nyi psikhologicheskii zhurnal = National Psychological Journal. 2017. V. 4(28). P. 17—29. DOI:10.11621/npj.2017.0402 (In Russ.).
  9. Kornilova T.V., Chumakova M.A. Shkaly tolerantnosti i intolerantnosti k neopredelennosti v modifikatsii oprosnika C. Badnera [Tolerance and intolerance of ambiguity in the modification of Budner's questionnaire]. Eksperimental'naya psikhologiya = Experimental psychology. 2014. V. 7(1). P. 92—110. (In Russ.).
  10. Kornilova T.V., Chumakova M.A., Kornilov S.A., Novikova M.A. Psikhologiya neopredelennosti: Edinstvo intellektual'no-lichnostnogo potentsiala cheloveka [Psychology of uncertainty: The unity of the intellectual and personal potential of a person]. Moscow: Smysl, 2010. 334 p. (In Russ.).
  11. Krasavtseva Yu.V. Emotsional'noe predvoskhishchenie v protsesse prinyatiya reshenii [Emotional Anticipation in Decision Making]: dis. ... kand. psikhol. nauk: 19.00.01. Moscow, IP RAN, 2021. 250 p. (In Russ.).
  12. Lebedev A.N. Kvazieksperimental'noe issledovanie prinyatiya reshenii v usloviyakh ravnoznachnogo vybora [Quasi-experimental studyof decision-making under conditions of equal choice] // Eksperimental'naya psikhologiya = Experimental psychology. 2018. V. 11(4). P. 79—93. DOI:10.17759/exppsy.2018110407 (In Russ.).
  13. Leont'ev D.A., Ovchinnikova E.Yu., Rasskazova E.I., Fam A.Kh. Psikhologiya vybora [The psychology of choice]. Мoscow: Smysl, 2015. 463 p. (In Russ.).
  14. Shlyapnikov V.N. Volya: poteryannoe zveno sovremennoi zarubezhnoi psikhologii [Will: the lost link of contemporary foreign psychology] // Eksperimental'naya psikhologiya = Experimental psychology. 2022. V 15(1). P. 72—87. DOI:10.17759/exppsy.2022150105 (In Russ.).
  15. Carleton R.N. The intolerance of uncertainty construct in the context of anxiety disorders: Theoretical and practical perspectives // Expert Review of Neurotherapeutics. 2012. V. 12(8). P. 937—947. DOI:10.1586/ern.12.82
  16. Cassotti M., Habib M., Poirel N., Aïte A., Houdé O., Moutier S. Positive emotional context eliminates the framing effect in decision-making // Emotion. 2012. V. 12(5). P. 926—931. DOI:10.1037/a0026788
  17. Cooke D.J., Michie C., Hart S.D., Clark D.A. Reconstructing psychopathy: clarifying the significance of antisocial and socially deviant behavior in the diagnosis of psychopathic personality disorder // Journal of personality disorders. 2004. V. 18(4). P. 337—357. DOI:10.1521/pedi.2004.18.4.337
  18. Crysel L.C., Crosier B.S., Webster G.D. The Dark Triad and risk behavior // Personality and Individual Differences. 2013. V. 54(1). P. 35—40. DOI:10.1016/j.paid.2012.07.029
  19. Dorison C.A., Heller B.H. Observers penalize decision makers whose risk preferences are unaffected by loss—gain framing // Journal of Experimental Psychology: General. 2022. Advance online publication. DOI:10.1037/xge0001187
  20. FeldmanHall O., Glimcher P., Baker A.L., Phelps E.A. Emotion and decision-making under uncertainty: Physiological arousal predicts increased gambling during ambiguity but not risk // Journal of Experimental Psychology: General. 2016. V. 145(10). P. 1255—1262. DOI:10.1037/xge0000205
  21. Foster J.D., Shenesey J.W., Goff J.S. Why do narcissists take more risks? Testing the roles of perceived risks and benefits of risky behaviors // Personality and Individual Differences. 2009. V. 47. P. 885—889. DOI:10.1016/j.paid.2009.07.008
  22. Glasman L.R., Albarracín D. Forming attitudes that predict future behavior: A meta-analysis of the attitude-behavior relation // Psychological Bulletin. 2006. V. 132(5). P. 778—822. DOI:10.1037/0033-2909.132.5.778
  23. Grover S., Furnham A. The moderating effects of emotional stability on the relationship between the Dark Triad and different measures of risk-taking // Personality and Individual Differences. 2020. P. 110450. DOI:10.1016/j.paid.2020.110450
  24. Guassi Moreira J.F., Méndez Leal A.S., Waizman Y.H., Saragosa-Harris N., Ninova E., Silvers J.A. Early caregiving adversity differentially shapes behavioral sensitivity to reward and risk during decision-making // Journal of Experimental Psychology: General. 2022. Advance online publication. DOI:10.1037/xge0001229
  25. Lee K., Ashton M.C. Psychopathy, Machiavellianism, and Narcissism in the Five-Factor Model and the HEXACO model of personality structure // Personality and Individual Differences. 2005. V. 38(7). P. 1571—1582. DOI:10.1016/j.paid.2004.09.016
  26. Malesza M., Ostaszewski P. Dark side of impulsivity — Associations between the Dark Triad, self-report and behavioral measures of impulsivity // Personality and Individual Differences. 2016. V. 88. P. 197—201. DOI:10.1016/j.paid.2015.09.016
  27. Mittal C., Griskevicius V. Sense of control under uncertainty depends on people’s childhood environment: A life history theory approach // Journal of Personality and Social Psychology. 2014. V. 107(4). P. 621—637. DOI:10.1037/a0037398
  28. Rauthmann J.F., Will T. Proposing a multidimensional Machiavellianism conceptualization // Social Behavior and Personality: An International Journal. 2011. V. 39(3). P. 391—404. DOI:10.2224/sbp.2011.39.3.391
  29. Schneider E., Streicher B., Lermer E., Sachs R., Frey D. Measuring the zero-risk bias: Methodological artefact or decision-making strategy? // Zeitschrift für Psychologie. 2017. V. 225(1). P. 31—44. DOI:10.1027/2151-2604/a000284
  30. Skeem J.L., Cooke D.J. Is criminal behavior a central component of psychopathy? Conceptual directions for resolving the debate // Psychological Assessment. 2010. V. 22(2). P. 433—445. DOI:10.1037/a0008512

Information About the Authors

Dmitriy S. Kornienko, Doctor of Psychology, Senior Researcher at the Laboratory of Psychology of Childhood and Digital Socialization, Psychological Institute of the Russian Academy of Education, Associate Professor, Russian Presidential Academy of National Economy and Public Administration, Moscow, Russia, ORCID: https://orcid.org/0000-0002-6597-264X, e-mail: dscorney@mail.ru

Milena V. Baleva, PhD in Psychology, Associate Professor, Department of General and Clinical Psychology, Department of Developmental Psychology, Perm State University, Perm, Russia, ORCID: https://orcid.org/0000-0001-7334-3635, e-mail: milenabaleva@yandex.ru

Nadezhda P. Yachmeneva, Senior Lecturer of General Psychology Department, Institute for Social Sciences, The Russian Presidential Academy of National Economy and Public Administration, Moscow, Russia, ORCID: https://orcid.org/0000-0003-2437-6945, e-mail: yachmeneva-np@ranepa.ru

Metrics

Views

Total: 691
Previous month: 72
Current month: 67

Downloads

Total: 224
Previous month: 25
Current month: 29