The Standard Model of Rational Risky Decision-Making

Risky decision making among adolescents

In this report, we analyze adolescent risk-taking from a behavioral decision-making perspective, with respect to the following questions: •Why is adolescent risky decision making important? •What is rational, adaptive, or good decision-making for adolescents (i.e., normative approaches)? •What are the main explanatory models of adolescent risk taking? •What are the key data (i.e., those data th...

Sex differences in a rat model of risky decision making.

Many debilitating psychiatric conditions, including drug addiction, are characterized by poor decision making and maladaptive risk-taking. Recent research has begun to probe this relationship to determine how brain mechanisms mediating risk-taking become compromised after chronic drug use. Currently, however, the majority of work in this field has used male subjects. Given the well-established ...

The Ethical Dangers of Rational Decision Making 1 The Ethical Dangers of Rational Decision Making

An fMRI Study of Risky Decision Making: The Role of Mental Preparation and Conflict

Introduction: The current study aimed to elucidate the role of preparatory cognitive control in decision making and its neural correlates using functional Magnetic Resonance Imaging (fMRI). To this effect, by employing a series of new cognitive tasks, we assessed the role of preparatory cognitive control in monetary (risky) decision making. Methods: The participants had to decide between a...

Rational Decision Making

RATIONAL DECISION MAKING: Choosing among alternatives in a way that “properly” accords with the preferences and beliefs of an individual decision maker or those of a group making a joint decision; in particular, the subject as developed in decision theory [16] (see RATIONAL CHOICE THEORY), decision analysis [24], GAME THEORY [33], political theory [20], psychology [14] (see DECISION MAKING), an...