Comparing experience- and description-based economic preferences across 11 countries.
Nat Hum Behav
; 8(8): 1554-1567, 2024 Aug.
Article
in En
| MEDLINE
| ID: mdl-38877287
ABSTRACT
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 different socioeconomic and cultural makeup. Our findings 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 offers. Conversely, risk aversion significantly differed across countries. Overall, our findings suggest that context-dependent reward value encoding is a feature of human cognition that remains consistently present across different countries, as opposed to description-based decision-making, which is more permeable to cultural factors.
Full text:
1
Collection:
01-internacional
Database:
MEDLINE
Main subject:
Reward
/
Choice Behavior
/
Cross-Cultural Comparison
/
Decision Making
Limits:
Adult
/
Female
/
Humans
/
Male
Language:
En
Journal:
Nat Hum Behav
Year:
2024
Type:
Article
Affiliation country:
France