Creating A More Ecologically Valid Decision Task

There has been a standing debate in the field regarding the effectiveness of frequencies and probabilities to accurately convey information. This study utilized a naturalistic sampling procedure to determine risk preferences on binary choice decision using time, sex, and goal deficit variables as predictors. Participants consisted of 110 undergraduate students enrolled in core psychology courses at Fort Hays State University. A web application was created to conduct this specific study that will be made available to other researchers. Significant effects existed for time and goal deficit variables that predicted risk preferences