4.6 Article

Unexpected but Incidental Positive Outcomes Predict Real-World Gambling

Journal

PSYCHOLOGICAL SCIENCE
Volume 27, Issue 3, Pages 299-311

Publisher

SAGE PUBLICATIONS INC
DOI: 10.1177/0956797615618366

Keywords

decision making; risk taking; emotions; open data

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Positive mood can affect a person's tendency to gamble, possibly because positive mood fosters unrealistic optimism. At the same time, unexpected positive outcomes, often called prediction errors, influence mood. However, a linkage between positive prediction errorsthe difference between expected and obtained outcomesand consequent risk taking has yet to be demonstrated. Using a large data set of New York City lottery gambling and a model inspired by computational accounts of reward learning, we found that people gamble more when incidental outcomes in the environment (e.g., local sporting events and sunshine) are better than expected. When local sports teams performed better than expected, or a sunny day followed a streak of cloudy days, residents gambled more. The observed relationship between prediction errors and gambling was ubiquitous across the city's socioeconomically diverse neighborhoods and was specific to sports and weather events occurring locally in New York City. Our results suggest that unexpected but incidental positive outcomes influence risk taking.

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