Author's Keywords: Prisoner's dilemma, prospect theory, risk, decision environment, social interaction, experimental economics, behavioral game theory	Convention Convention is an application service for managing large or small academic conferences, annual meetings, and other types of events! Submission - Custom fields, multiple submission types, tracks, audio visual, multiple upload formats, automatic conversion to pdf. Review - Peer Review, Bulk reviewer assignment, bulk emails, ranking, z-score statistics, and multiple worksheets! Reports - Many standard and custom reports generated while you wait. Print programs with participant indexes, event grids, and more! Scheduling - Flexible and convenient grid scheduling within rooms and buildings. Conflict checking and advanced filtering. Communication - Bulk email tools to help your administrators send reminders and responses. Use form letters, a message center, and much more! Management - Search tools, duplicate people management, editing tools, submission transfers, many tools to manage a variety of conference management headaches! Click here for more information.
Association: Name: American Political Science Association URL: http://www.apsanet.org
Citation: URL: http://www.allacademic.com/meta/p40057_index.html Direct Link: HTML Code:

Johnson, Tim., Myagkov, Mikhail. and Orbell, John. "A Bias toward Loss Aversion in the Choice to Enter Risky Cooperative Games" Paper presented at the annual meeting of the American Political Science Association, Marriott Wardman Park, Omni Shoreham, Washington Hilton, Washington, DC, Sep 01, 2005 <Not Available>. 2011-03-14 <http://www.allacademic.com/meta/p40057_index.html>

Johnson, T. , Myagkov, M. and Orbell, J. M. , 2005-09-01 "A Bias toward Loss Aversion in the Choice to Enter Risky Cooperative Games" Paper presented at the annual meeting of the American Political Science Association, Marriott Wardman Park, Omni Shoreham, Washington Hilton, Washington, DC Online <PDF>. 2011-03-14 from http://www.allacademic.com/meta/p40057_index.html

Publication Type: Conference Paper/Unpublished Manuscript Review Method: Peer Reviewed Abstract: While much research has addressed decision-making within prisoner’s dilemma games, relatively little has examined the risky decision to enter such games in the first place. Furthermore, few studies involving experimental games have considered salient ecological factors—such as the manner in which game payoffs are framed—that influence human psychology. We ask whether the choice between entering v. not entering a PD game is more accurately described by standard utility theory or the utility function proposed by prospect theory, which emphasizes gains and losses relative to the status quo. Subjects chose between a fixed “no play” option and the uncertainty of entering a PD when payoffs were framed variously as involving losses and involving gains. Although payoffs were equivalent across the two frames, we show, consistent with prospect theory, that subjects entered PD play more frequently when options were framed as losses than when they were framed as gains. These results solicit researchers studying game behaviour to consider not only the internal, cognitive aspects involved in decision making, but also the environmental features—e.g., game structure and frames—that influence choice behaviour.

A New Area of Video Game Research? The Pro-Social Effects of Playing Violent Video Games Cooperatively

Sociality as Risky Choice in Economic Theory and its Critic Prospect Theory