AUTHOR=Tyszka Tadeusz , Macko Anna , StaĆczak Maciej
TITLE=Alcohol reduces aversion to ambiguity
JOURNAL=Frontiers in Psychology
VOLUME=5
YEAR=2015
URL=https://www.frontiersin.org/journals/psychology/articles/10.3389/fpsyg.2014.01578
DOI=10.3389/fpsyg.2014.01578
ISSN=1664-1078
ABSTRACT=
Several years ago, Cohen et al. (1958) demonstrated that under the influence of alcohol drivers became more risk prone, although their risk perception remained unchanged. Research shows that ambiguity aversion is to some extent positively correlated with risk aversion, though not very highly (Camerer and Weber, 1992). The question addressed by the present research is whether alcohol reduces ambiguity aversion. Our research was conducted in a natural setting (a restaurant bar), where customers with differing levels of alcohol intoxication were offered a choice between a risky and an ambiguous lottery. We found that alcohol reduced ambiguity aversion and that the effect occurred in men but not women. We interpret these findings in terms of the risk-as-value hypothesis, according to which, people in Western culture tend to value risk, and suggest that alcohol consumption triggers adherence to socially and culturally valued patterns of conduct different for men and women.