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Gender differences in reward sensitivity and information processing during decision-making

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  • Kaileigh Byrne
  • Darrell Worthy

Abstract

Gender differences in reward sensitivity and information processing were examined in two studies using a dynamic decision-making task. In Experiment 1, the optimal strategy involved forgoing an option that provided larger immediate rewards in favor of one yielding larger delayed rewards. In Experiment 2, the optimal strategy was to select the option that provided larger immediate rewards because the delayed reward option never gave larger rewards than the immediate reward option. Foregone reward information was either presented or withheld. In Experiment 1, information regarding foregone rewards biased participants toward the sub-optimal choice, whereas in Experiment 2, foregone rewards directed participants toward the optimal option. Males selected the optimal choice more in the delayed rewards task, while females were more biased toward the poorer choice by foregone reward information. In contrast, females outperformed males in the immediate rewards task. The results suggest a gender difference in information processing styles during decision-making. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • Kaileigh Byrne & Darrell Worthy, 2015. "Gender differences in reward sensitivity and information processing during decision-making," Journal of Risk and Uncertainty, Springer, vol. 50(1), pages 55-71, February.
  • Handle: RePEc:kap:jrisku:v:50:y:2015:i:1:p:55-71
    DOI: 10.1007/s11166-015-9206-7
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    4. Johanna Bragge & Henrik Kallio & Tomi Seppälä & Timo Lainema & Pekka Malo, 2017. "Decision-Making in a Real-Time Business Simulation Game: Cultural and Demographic Aspects in Small Group Dynamics," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 16(03), pages 779-815, May.
    5. Belete J. Bobe & Ralph Kober, 2020. "Does gender matter? The association between gender and the use of management control systems and performance measures," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 60(3), pages 2063-2098, September.
    6. Steven R. Beckman & Gregory DeAngelo & W. James Smith & Ning Wang, 2016. "Is social choice gender-neutral? Reference dependence and sexual selection in decisions toward risk and inequality," Journal of Risk and Uncertainty, Springer, vol. 52(3), pages 191-211, June.

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    More about this item

    Keywords

    Decision-making; Information processing; Risk; Reward; Gender; D830; D800;
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