ArticleBehavioral sciences (Basel, Switzerland)2022
Decision-Making under Uncertainty: How Easterners and Westerners Think Differently.
Article in Behavioral sciences (Basel, Switzerland), 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 10 papers.
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Who cites it
10 citing papers in PubMed, 25 citations in OpenAlex.
- Self-Concept Clarity and AI Anxiety in Graduate Students: Mediating Roles of Intentional Self-Regulation and Perceived Stress and Moderating Role of Intolerance of Uncertainty.Behavioral sciences (Basel, Switzerland) · 2026Article
- Clinicians' Personal Delivery Preference and Decision-Making for Cesarean Delivery: A Survey of Obstetricians and Midwives.Risk management and healthcare policy · 2026Article
- Article
- Suicidal ideation, perception of personal safety, and career regret among emergency medicine residents during the COVID-19 pandemic.AEM education and training · 2024Article
- The magnitude of influence of personal and professional factors on the career choices of medical students.Journal of medicine and life · 2024Article
- Impact of Pregnancy on Self-Efficacy and Personal Competence in the Context of Risk of Depression, Mental Health Status, and Satisfaction with Life.Journal of clinical medicine · 2024Article
- The determining factors of medical students in considering a specialty as a future career path: A cross-sectional multinational study in the Middle East.Journal of family medicine and primary care · 2023Article
- Do psychological distress and digital sports influence the willingness to take the vaccine and precautionary saving? Empirical evidence from Shanghai.Zeitschrift fur Gesundheitswissenschaften = Journal of public health · 2023Article
- The Effect of Perfectionism on Consumers' Intentions to Purchase Imperfect Products.Behavioral sciences (Basel, Switzerland) · 2023Article
- Article
Corrections and comments
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Authors and funding
3 authors at 3 institutions in 1 country.
Funding
No grant is acknowledged in the PubMed record.
Abstract
It has long been known that Easterners exhibit more conservative attitudes, cautiousness behaviors, and self-control ability than Westerners; people in Eastern countries show stronger defensive reactions to societal threats than Western people. Are East Asians really risk averters or do some richer underlying preferences drive their behaviors in their decision-making under uncertainty? To answer this question, we examined the risk and ambiguity attitudes of East Asian populations in both gain and loss domains using classical behavioral economic experimental methods. Based on our sample of university students, we found that Easterners are more risk intolerant but more willing to accept ambiguous conditions than their Westerner counterparts in the gain domain. Perhaps surprisingly, Eastern people and Western people have a similar attitude toward risk and ambiguity in the loss domain. The higher level of risk aversion observed among East Asians may be due to the cultural difference between Western countries and Eastern countries. Historically, such risk aversion may make sense, because it would minimize the influence of numerous ecological and historical threats and socio-political practices. Our findings suggest that models that were designed to analyze and predict aggregate behaviors and markets may be ineffective for Eastern populations, and, in the future, it is of significance to develop appropriate representative agent models from the eastern perspective.
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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.