Reward context determines risky choice in pigeons and humans

@inproceedings{Ludvig2014RewardCD,
  title={Reward context determines risky choice in pigeons and humans},
  author={Elliot A. Ludvig and Christopher R. Madan and Jeffrey M. Pisklak and Marcia L. Spetch},
  booktitle={Biology letters},
  year={2014}
}
Whereas humans are risk averse for monetary gains, other animals can be risk seeking for food rewards, especially when faced with variable delays or under significant deprivation. A key difference between these findings is that humans are often explicitly told about the risky options, whereas non-human animals must learn about them from their own experience. We tested pigeons (Columba livia) and humans in formally identical choice tasks where all outcomes were learned from experience. Both… CONTINUE READING