Experimental Data on Risk Preferences and Affective Outcomes

Data from a study by Yuval Rottenstreich of the University of Chicago investigating the affective psychology of risk. The dataset likely contains experimental results comparing choices for affect-rich versus affect-poor outcomes across different probabilities, testing predictions of prospect theory.

Use Cases

• Modeling probability weighting functions based on outcome affect richness mentioned in the description
• Testing for probability-outcome interactions in risky choice described in the study
• Comparing risk sensitivity for affect-rich versus affect-poor outcomes as a core hypothesis

Strengths

• Study authored by a researcher from the University of Chicago
• Experimental design directly tests a novel implication of an affective approach to prospect theory

Limitations

• Column-level documentation is absent; field semantics must be inferred after download
• Row count is unknown, which may limit suitability assessment
• Last update date is unknown; freshness unverified

Provenance

Source

Yuval Rottenstreich, University of Chicago

Collection Method

Likely gathered from controlled psychological experiments.