Research Grant
[Cite as https://purl.org/au-research/grants/arc/DP260104842]Researchers: Daniel Bennett (Chief Investigator) , Verdejo-Garcia, Antonio (Chief Investigator) , Elliot Ludvig (Partner Investigator) , Lucy Albertella (Partner Investigator) , Lukasz Walasek (Partner Investigator)
Brief description Take the money and run: understanding decisions to cash out of a risky bet. In recent years, the advent of smartphone and internet gambling has dramatically changed the gambling products that are available to consumers. Present-day gambling involves decisions that are far more dynamic and immersive than the static and slow-paced gambling decisions traditionally studied in cognitive psychology, and current cognitive theories are therefore of limited use in explaining contemporary gambling decisions. This project we will develop a novel research paradigm that yields fine-grained behavioural data on how people make decisions when faced with contemporary gambling products. Our specific focus is on constructing a theoretical framework for understanding the widespread ‘instant cash out’ feature of contemporary gambling.
Funding Amount $653,882
Funding Scheme Discovery Projects
- PURL : https://purl.org/au-research/grants/arc/DP260104842
- ARC : DP260104842