Confidence and risky decision-making in gambling disorder

Author:

Hoven Monja1ORCID,Hirmas Alejandro23ORCID,Engelmann Jan243ORCID,van Holst Ruth J.14ORCID

Affiliation:

1. Department of Psychiatry, Amsterdam UMC, University of Amsterdam, Amsterdam, The Netherlands

2. Center for Research in Experimental Economics and Political Decision Making, University of Amsterdam, The Netherlands

3. Behavioral and Experimental Economics, The Tinbergen Institute, The Netherlands

4. Amsterdam Brain and Cognition, University of Amsterdam, The Netherlands

Abstract

AbstractBackground and aimsPeople with Gambling Disorder (GD) often make risky decisions and experience cognitive distortions about gambling. Moreover, people with GD have been shown to be overly confident in their decisions, especially when money can be won. Here we investigated if and how the act of making a risky choice with varying monetary stakes impacts confidence differently in patients with GD (n = 27) relative to healthy controls (HCs) (n = 30).MethodsWe used data from our previous mixed-gamble study, in which participants were given the choice of a certain option or a 50/50 gamble with potential gains or losses, after which they rated their confidence.ResultsWhile HCs were more confident when making certain than risky choices, GD patients were specifically more confident when making risky choices than certain choices. Notably, relative to HCs, confidence of patients with GD decreased more strongly with higher gain values when making a certain choice, suggesting a stronger fear of missing out or “anticipated regret” of missing out on potential gains when rejecting the risky choice.DiscussionThe current findings highlight the potential relevance of confidence and “regret” as cognitive mechanisms feeding into excessive risk-taking as seen in GD. Moreover, this study adds to the limited previous work investigating how confidence is affected in value-based risky contexts.

Publisher

Akademiai Kiado Zrt.

Subject

Psychiatry and Mental health,Clinical Psychology,General Medicine,Medicine (miscellaneous)

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