Individual differences in skewed financial risk-taking across the adult life span.

Older adults are disproportionately targeted by fraud schemes that advertise unlikely but large returns (positively skewed risks). We examined adult age differences in choice and neural activity as individuals considered risky gambles. Gambles were symmetric (50% chance of modest win or loss), posit...

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Publicado en:Cognitive, Affective & Behavioral Neuroscience Vol. 17; no. 6; pp. 1232 - 1242
Autores principales: Seaman, Kendra, Leong, Josiah, Wu, Charlene, Knutson, Brian, Samanez-Larkin, Gregory
Formato: Journal Article
Publicado: Springer Nature Dec2017
Acceso en línea:Ver este registro en EBSCOhost
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      dt: Dec2017
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        atl: Individual differences in skewed financial risk-taking across the adult life span.
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          Seaman, Kendra
          Leong, Josiah
          Wu, Charlene
          Knutson, Brian
          Samanez-Larkin, Gregory
        affil: Center for Cognitive Neuroscience , Duke University , Durham 27708 USA
      sug:
      ab: Older adults are disproportionately targeted by fraud schemes that advertise unlikely but large returns (positively skewed risks). We examined adult age differences in choice and neural activity as individuals considered risky gambles. Gambles were symmetric (50% chance of modest win or loss), positively skewed (25% chance of large gain), or negatively skewed (25% chance of large loss). The willingness to accept positively skewed relative to symmetric gambles increased with age, and this effect replicated in an independent behavioral study. Whole-brain functional magnetic resonance imaging analyses comparing positively (vs. negatively) skewed trials revealed that relative to younger adults, older adults showed increased anticipatory activity for negatively skewed gambles but reduced activity for positively skewed gambles in the anterior cingulate and lateral prefrontal regions. Individuals who were more biased toward positively skewed gambles showed increased activity in a network of regions including the nucleus accumbens. These results reveal age biases toward positively skewed gambles and age differences in corticostriatal regions during skewed risk-taking, and have implications for identifying financial decision biases across adulthood.
      pubtype: Academic Journal
      doctype: Journal Article
      ougenre: Article
    language: English
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