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Decision making under hypoxia: Oxygen depletion increases risk seeking for losses but not for gains

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  • Pighin, Stefania
  • Bonini, Nicolao
  • Savadori, Lucia
  • Hadjichristidis, Constantinos
  • Antonetti, Tommaso
  • Schena, Federico

Abstract

We report a preliminary study that compared decisions made in an oxygen depleted environment with those made in a normoxic environment. Participants were presented with a series of choices that involved either losses or gains. For each choice they were forced to choose between a sure thing and a gamble of the same expected value. For choices involving losses, participants were more risk seeking in the oxygen depleted environment; for those involving gains, no difference was found.

Suggested Citation

  • Pighin, Stefania & Bonini, Nicolao & Savadori, Lucia & Hadjichristidis, Constantinos & Antonetti, Tommaso & Schena, Federico, 2012. "Decision making under hypoxia: Oxygen depletion increases risk seeking for losses but not for gains," Judgment and Decision Making, Cambridge University Press, vol. 7(4), pages 472-477, July.
    • Handle: RePEc:cup:judgdm:v:7:y:2012:i:4:p:472-477_10
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