Ontology highlight
ABSTRACT:
SUBMITTER: Strait CE
PROVIDER: S-EPMC3871381 | biostudies-literature | 2013
REPOSITORIES: biostudies-literature
Strait Caleb E CE Hayden Benjamin Y BY
Biology letters 20131211 6
While standard models of risky choice account for the first and second statistical moments of reward outcome distributions (mean and variance, respectively), they often ignore the third moment, skewness. Determining a decision-maker's attitude about skewness is useful because it can help constrain process models of the mental steps involved in risky choice. We measured three rhesus monkeys' preferences for gambles whose outcome distributions had almost identical means and variances but differed ...[more]