a choice made between two or more options when one of those options has some probability >0 of producing either a reinforcing or an aversive consequence
Definition contributed by MLewis Wednesday morning.
Fork this term (experimental) Forking tasks is the process of separating the senses, or variations, in the meaning of a task. This process should be used sparingly, and the ability to fork a term is the sole provenance of the curator.
MLewis I changed the capitalization of the entry for stylistic purposes. Wednesday morning
Revision 3
Definition contributed by CTorgerson about one year ago: a choice made between two or more options when one of those options has some probability >0 of producing either a reinforcing or an aversive consequence
Revision 2
Definition contributed by TSchonberg about one year ago: on each trial, participants choose between a risky and safe option. The risky option is a lottery that offers a 50–50 chance of different outcomes (£10, £90 or £40, £60) and the safe option offers the participants’ own certainty equivalent for the corresponding risky lottery, as determined in a previous phase of the experiment.
as in task described above, on each trial, participants choose between a risky and safe option. This time, possible outcomes of the risky option include (£10, £50), (£15, £45), (£40, £80) and (£30, £90), and the safe options offer a range of semi-random values.
Revision 1
Definition contributed by TSchonberg about one year ago: on each trial, participants choose between a risky and safe option. The risky option is a lottery that offers a 50–50 chance of different outcomes (£10, £90 or £40, £60) and the safe option offers the participants’ own certainty equivalent for the corresponding risky lottery, as determined in a previous phase of the experiment.