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      Individual Differences in Risky Decision Making: A Meta-analysis of Sensation Seeking and Impulsivity with the Balloon Analogue Risk Task : Personality and Risky Decision Making

      , , ,
      Journal of Behavioral Decision Making
      Wiley-Blackwell

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          Comparing correlated correlation coefficients.

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            Peer influence on risk taking, risk preference, and risky decision making in adolescence and adulthood: an experimental study.

            In this study, 306 individuals in 3 age groups--adolescents (13-16), youths (18-22), and adults (24 and older)--completed 2 questionnaire measures assessing risk preference and risky decision making, and 1 behavioral task measuring risk taking. Participants in each age group were randomly assigned to complete the measures either alone or with 2 same-aged peers. Analyses indicated that (a) risk taking and risky decision making decreased with age; (b) participants took more risks, focused more on the benefits than the costs of risky behavior, and made riskier decisions when in peer groups than alone; and (c) peer effects on risk taking and risky decision making were stronger among adolescents and youths than adults. These findings support the idea that adolescents are more inclined toward risky behavior and risky decision making than are adults and that peer influence plays an important role in explaining risky behavior during adolescence.
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              Meta-analysis: recent developments in quantitative methods for literature reviews.

              We describe the history and current status of the meta-analytic enterprise. The advantages and historical criticisms of meta-analysis are described, as are the basic steps in a meta-analysis and the role of effect sizes as chief coins of the meta-analytic realm. Advantages of the meta-analytic procedures include seeing the "landscape" of a research domain, keeping statistical significance in perspective, minimizing wasted data, becoming intimate with the data summarized, asking focused research questions, and finding moderator variables. Much of the criticism of meta-analysis has been based on simple misunderstanding of how meta-analyses are actually carried out. Criticisms of meta-analysis that are applicable are equally applicable to traditional, nonquantitative, narrative reviews of the literature. Much of the remainder of the chapter deals with the processes of effect size estimation, the understanding of the heterogeneity of the obtained effect sizes, and the practical and scientific importance of the effect sizes obtained.
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                Author and article information

                Journal
                Journal of Behavioral Decision Making
                J. Behav. Dec. Making
                Wiley-Blackwell
                08943257
                January 2014
                January 2014
                : 27
                : 1
                : 20-36
                Article
                10.1002/bdm.1784
                c39502bd-504d-4440-9692-c92902a9eeef
                © 2014

                http://doi.wiley.com/10.1002/tdm_license_1.1

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