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Age and Framing Effects in the Balloon Analogue Risk Task (BART)

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Abstract

Objectives Prior research has documented age differences in risky decisions and indicates that they are susceptible to gain versus loss framing. However, previous studies focused on ‘decisions from description’ that explicitly spell out the probabilities involved. The present study expands this literature by examining the effects of framing on age differences in the Balloon Analogue Risk Task (BART), a widely used and ecologically valid measure of experience-based risky decision-making that involves pumping a virtual balloon. Method In a pre-registered study, younger (aged 18-30, n =129) and older adults (aged 60 and over, n=125) were randomly assigned to either a gain version of the BART, where pumping the balloon added monetary gains, or a loss version, where pumping the balloon avoided monetary losses. Results We found a significant age by frame interaction on risk-taking: in the loss frame, older adults pumped more frequently and experienced more popped balloons than younger adults, whereas in the gain frame no significant age differences were found. Total performance on the BART did not vary by age or frame. Supplementary analyses indicated that age differences in pumping rates were most pronounced at the beginning of the BART and leveled off in subsequent trials. Controlling for age differences in motivation, personality, and cognition did not account for age differences in risk-taking. Discussion In combination, findings suggest that age differences in risk-taking on the BART are more pronounced when the task context emphasizes avoiding losses rather than achieving gains.

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... Laboratory tests of risk/reward decision making generally bear out these real-world observations, however, in that older adults exhibit more risk-averse patterns of behavior. In the BART, older adults show more risk-averse performance than young adults Mamerow et al., 2016;Ren et al., 2023;Wilson et al., 2022), although not all studies report such findings, and the presence of age differences may depend on whether the task is framed in terms of wins or losses (Peng et al., 2020;Schulman et al., 2022;Tisdall and Mata, 2023). Only a few of these studies report sex differences, with one finding a sex difference in young (females more risk averse than males) but not aged subjects, and another finding no such interaction. ...
... There is overall less work on situations involving ambiguity, when the probability of options is not described (Tymula et al., 2013) or needs to be learned from experience (Frey et al., 2015;Frey et al., 2021;Mata et al., 2011). One paradigm that has received considerable attention is the Balloon Analogue Risk Task (BART; Lejuez et al. 2002) but the results concerning age differences are also mixed: Although some studies find older adults less risk-seeking relative to younger adults (Grover, 2021;Henninger et al., 2010;Koscielniak et al., 2016;Rolison et al., 2012;Sproten et al., 2018;Wilson et al., 2021), a number of studies find this result in only some conditions Schulman et al., 2021), report no evidence of behavioral effects of age (Kim et al., 2022;McCleskey, 2021;Yu et al., 2016), or find that older-adults are more risk-seeking relative to younger adults (Cavanagh et al., 2012). Finally, concerning age effects on temporal preferences, a recent meta-analytic synthesis suggests overall no effect of age in delay discounting tasks (Seaman et al., 2022). ...
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... As a result, impulsivity showed no significant correlation with the BART scores. Furthermore, a previous study showed age effects on BART scores in a comparison between young and older adults [51]. However, since our study sample was limited to younger adults, no significant age effects were found. ...
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n-back letter and fractal tasks were administered to 11 participants during functional magnetic resonance imaging to test process specificity theories of prefrontal cortex (PFC) function and assess task validity. Tasks were matched on accuracy, but fractal n-back responses were slower and more conservative. Maintenance (1-back minus 0-back) activated inferior parietal and dorsolateral PFC, with additional activation in right ventrolateral PFC during letter n-back and left lingual gyrus during fractal n-back. Maintenance plus manipulation (2-back minus 0-back) activated inferior parietal, Broca's area, insula, and dorsolateral and ventral PFC, with greater right dorsolateral PFC activation for letter n-back. Manipulation only (2-back minus 1-back) produced additional and equivalent dorsolateral PFC and anterior cingulate activation in both tasks. Results support fractal n-back validity and indicate substantial overlap in working memory functions of dorsal and ventral PFC.
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In the present study, we investigate how decision making under uncertainty is affected by age. We ran two experiments with young and older adults, systematically manipulating (1) uncertainty conditions (risk and ambiguity), (2) feedback on decisions and (3) requirements of the task regarding executive functions. Experiment 1 aims at investigating risk with a priori probabilities and ambiguity and the effects of feedback in a card game (N = 200; older adults: 97). The results reveal no age differences in choice behaviour under risk with a priori probabilities. If feedback is provided, we find that older adults are less ambiguity averse than young adults, whereas there is no significant age difference if no feedback is provided. Moreover, the presence of feedback had a positive effect on the propensity to gamble in uncertain conditions by influencing subjective probabilities for both age groups. Experiment 2 uses the Balloon Analogue Risk Task (BART) to investigate decision making with statistical probabilities (N = 100; older adults: 50). Here we report older adults being more risk averse, an effect that can be explained with age differences in sensitivity to prior choices. We support the results by comparing them to survey data and conclude that differences in uncertainty-processing exist between young and older adults. Possible explanations of these differences are discussed.
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In a program of research assessing the validity of the balloon analogue risk task (BART; C. W. Lejuez et al., 2002) as a measure of risk taking, the BART was administered to a sample of inner-city drug users in residential treatment (n = 76). Construct validity of the BART was evaluated by measuring risk-taking behavior and 3,4-methylenedioxymethamphetamine (MDMA) use while controlling for self-reported impulsivity, sensation seeking, polysubstance use, and demographic variables. Supporting the construct validity of the BART, while controlling for interrelated variables in the context of logistic regression analyses, (BART) risk-taking propensity accounted for significant incremental variance in differentiating MDMA users from non-users. BART scores, polysubstance use, and younger age were most associated with MDMA use, and together these variables were associated with 91% classification accuracy in predicting MDMA use.
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This study examined the impact of framing effects on performance in the Balloon Analogue Risk Task (BART). Seventy-two undergraduate participants were assigned to play the BART as either a gains task in which they had to pump up an animated balloon in order to win money (Group GBART) or as a losses task in which pumping up the balloon was necessary to avoid losing money (Group LBART). Each group went through the BART three times, playing for themselves, for their best friend, and for a charity president. Although there was no effect of the recipient on BART performance, individuals in the LBART group showed riskier performance (pumped up the balloon more) than GBART participants. Furthermore, GBART performance was significantly correlated with scores on the Zuckerman Sensation Seeking Scale while LBART scores were not. These findings support the idea that framing effects can affect performance on behavioral tasks aimed at measuring personality traits.
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To provide a measure of the Big Five for contexts in which participant time is severely limited, we abbreviated the Big Five Inventory (BFI-44) to a 10-item version, the BFI-10. To permit its use in cross-cultural research, the BFI-10 was developed simultaneously in several samples in both English and German. Results focus on the psychometric characteristics of the 2-item scales on the BFI-10, including their part-whole correlations with the BFI-44 scales, retest reliability, structural validity, convergent validity with the NEO-PI-R and its facets, and external validity using peer ratings. Overall, results indicate that the BFI-10 scales retain significant levels of reliability and validity. Thus, reducing the items of the BFI-44 to less than a fourth yielded effect sizes that were lower than those for the full BFI-44 but still sufficient for research settings with truly limited time constraints.
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Does risk taking change as a function of age? We conducted a systematic literature search and found 29 comparisons between younger and older adults on behavioral tasks thought to measure risk taking (N= 4,093). The reports relied on various tasks differing in several respects, such as the amount of learning required or the choice framing (gains vs. losses). The results suggest that age-related differences vary considerably as a function of task characteristics, in particular the learning requirements of the task. In decisions from experience, age-related differences in risk taking were a function of decreased learning performance: older adults were more risk seeking compared to younger adults when learning led to risk-avoidant behavior, but were more risk averse when learning led to risk-seeking behavior. In decisions from description, younger adults and older adults showed similar risk-taking behavior for the majority of the tasks, and there were no clear age-related differences as a function of gain/loss framing. We discuss limitations and strengths of past research and provide suggestions for future work on age-related differences in risk taking.
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The psychological principles that govern the perception of decision problems and the evaluation of probabilities and outcomes produce predictable shifts of preference when the same problem is framed in different ways. Reversals of preference are demonstrated in choices regarding monetary outcomes, both hypothetical and real, and in questions pertaining to the loss of human lives. The effects of frames on preferences are compared to the effects of perspectives on perceptual appearance. The dependence of preferences on the formulation of decision problems is a significant concern for the theory of rational choice.
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