Journal article
Individual Differences in Risky Decision Making: A Meta-analysis of Sensation Seeking and Impulsivity with the Balloon Analogue Risk Task
Journal of behavioral decision making, Vol.27(1), pp.20-36
01/01/2014
DOI: 10.1002/bdm.1784
Abstract
To represent the state-of-the-art in an effort to understand the relation between personality and risk taking, we selected a popular decision task with characteristics that parallel risk taking in the real world and two personality traits commonly believed to influence risk taking. A meta-analysis is presented based on 22 studies of the Balloon Analogue Risk Task from which correlations with sensation seeking and impulsivity assessments could be obtained. Results calculated on a total of 2120 participants showed that effect size for the relation of sensation seeking with risk taking was in the small-moderate range ((r) over bar = .14), whereas the effect size for impulsivity was just around the small effect size threshold ((r) over bar = .10). Although we considered participants' demographics as moderators, we found only significantly larger effect sizes for the older adolescents and young adults compared with other ages. The findings of the present review supported the view that inconsistencies in personality-risk research were mostly due to random fluctuations of specific effect sizes, rather than to lack of theoretical ties or to measurement unreliability. It is also concluded that studies aimed at relating individual differences in personality to performance in experimental decision tasks need an appropriate sample size to achieve the power to produce significant results. Copyright (C) 2013 John Wiley & Sons, Ltd.
Details
- Title: Subtitle
- Individual Differences in Risky Decision Making: A Meta-analysis of Sensation Seeking and Impulsivity with the Balloon Analogue Risk Task
- Creators
- Marco Lauriola - Sapienza University of RomeAngelo Panno - Sapienza University of RomeIrwin P. Levin - University of IowaCarl W. Lejuez - University of Maryland, College Park
- Resource Type
- Journal article
- Publication Details
- Journal of behavioral decision making, Vol.27(1), pp.20-36
- DOI
- 10.1002/bdm.1784
- ISSN
- 0894-3257
- eISSN
- 1099-0771
- Publisher
- Wiley
- Number of pages
- 17
- Language
- English
- Date published
- 01/01/2014
- Academic Unit
- Marketing; Psychological and Brain Sciences
- Record Identifier
- 9984963201402771
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