Skip to main content

Research Repository

Advanced Search

Do we make decisions for other people based on our predictions of their preferences?: evidence from financial and medical scenarios involving risk

Batteux, Eleonore; Ferguson, Eamonn; Tunney, Richard J.

Do we make decisions for other people based on our predictions of their preferences?: evidence from financial and medical scenarios involving risk Thumbnail


Authors

Eleonore Batteux

EAMONN FERGUSON eamonn.ferguson@nottingham.ac.uk
Professor of Health Psychology

Richard J. Tunney



Abstract

The ways in which the decisions we make for others differ from the ones we make for ourselves has received much attention in the literature, although less is known about their relationship to our predictions of the recipient’s preferences. The latter question is of particular importance given real-world occurrences of surrogate decision-making which require surrogates to consider the recipient’s preferences. We conducted three experiments which explore this relationship in the medical and financial domains. Although there were mean discrepancies between surrogate predictions and choices, we identified a predictive relationship between the two. Moreover, when participants took high risks for themselves, it seems that they were not willing to do so for others, even when they believed that the recipient’s preferences were similar to their own. We discuss these findings relative to current theories and real-world instances of surrogate decision-making.

Citation

Batteux, E., Ferguson, E., & Tunney, R. J. (2019). Do we make decisions for other people based on our predictions of their preferences?: evidence from financial and medical scenarios involving risk. Thinking and Reasoning, 26(2), 188-217. https://doi.org/10.1080/13546783.2019.1592779

Journal Article Type Article
Acceptance Date Mar 5, 2019
Online Publication Date Apr 16, 2019
Publication Date Apr 16, 2019
Deposit Date Mar 28, 2019
Publicly Available Date Mar 29, 2024
Print ISSN 1354-6783
Electronic ISSN 1464-0708
Publisher Routledge
Peer Reviewed Peer Reviewed
Volume 26
Issue 2
Pages 188-217
DOI https://doi.org/10.1080/13546783.2019.1592779
Public URL https://nottingham-repository.worktribe.com/output/1703169
Publisher URL https://www.tandfonline.com/doi/abs/10.1080/13546783.2019.1592779

Files




You might also like



Downloadable Citations