Keysar et al. (2012) and A. Costa et al. (2014) found that thinking in a foreign language could help the speakers to reduce the framing effect and select risky prospects in a more consistent manner. In order to understand the relationships between the risk preferences, consistency in decision-making and language used, an experiment was carried out in form of online surveys. The surveys were distributed to the Vietnamese, Chinese and French bilinguals as well as a group of English natives through The College of Wooster’s e-mail, social media and Amazon M-Turk. Participants (N = 177) were assigned to use either their mother tongue or foreign language to answered either the gain-framed or loss-framed Asian Disease problem. All participants also completed the Holt-Laury’s Ten-Paired-Lottery problem. The data were analyzed by SPSS two-variable Chi-Square and logit regression. The results did not find consistent evidence supporting the effect of foreign-language on the framing effect and risk preferences over all as hypothesized. However, the foreign languages with high linguistic distance were likely to induce framing-effect-reduction and make the decisions more consistent.
International Relations; Psychology
Dao, Dang Khoa Ngoc, "Should I Gamble in my Foreign Language? An Investigation of Language Effect on Decision Making Process" (2015). Senior Independent Study Theses. Paper 6642.
Social and Behavioral Sciences
Bachelor of Arts
Senior Independent Study Thesis
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