Decisions for others show increased risk-taking and decreased value consideration.
People tend to take more risks when making decisions for others compared to themselves. This study looked at how people make choices involving money for someone else versus themselves. They found that when deciding for others, people are more likely to take risks and gamble. Additionally, decisions made for others are less precise and not as closely tied to the value of the options compared to decisions made for oneself. This effect was stronger in individuals who are motivated to distribute rewards unequally. Overall, when making choices for other people, individuals tend to be more risk-seeking and less focused on the specific values of the options available.