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ERIC Number: EJ750165
Record Type: Journal
Publication Date: 2006
Pages: 13
Abstractor: Author
ISBN: N/A
ISSN: ISSN-0033-2933
EISSN: N/A
The Stoplight Task: A Procedure for Assessing Risk Taking in Humans
Reilly, Mark P.; Greenwald, Mark K.; Johanson, Chris-Ellyn
Psychological Record, v56 n2 p191 Spr 2006
The Stoplight Task, a procedure involving a computer analog of a stoplight, was evaluated for assessing risk taking in humans. Seventeen participants earned points later exchangeable for money by completing a response requirement before the red light appeared on a simulated traffic light. The green light signaled to start responding; it changed to yellow at different points into the response requirement. The yellow light, which varied unpredictably in duration, was eventually replaced with a red light. Participants could stop or continue responding when the yellow light appeared. Stopping protected earnings; completing the response requirement before the red light earned money; continuing but failing to complete the response requirement before the red light appeared could result in money loss with 12.5% or 100% probability. The probability of risk taking (running the yellow) was lower when the probability of monetary loss was 100% and when the yellow light appeared early in the completion of the response requirement. Participants scoring higher on risk-taking and impulsivity personality rating scales behaved "riskier" in the stoplight task. Potential applications of the Stoplight Task are suggested. (Contains 2 tables and 3 figures.)
Psychological Record. 214 North Acland Street, Kenyon College, Gambier, OH 43022. Tel: 740-427-5377; Fax: 740-427-5390; Web site: http://www.thepsychologicalrecord.org/subscriptions.htm
Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A