CHINESE AND ENGLISH PROBABILISTIC THINKING AND RISK TAKING IN GAMBLING

This study investigated cultural differences in probabilistic thinking and risk taking. A View of Uncertainty Questionnaire assessed the probabilistic thinking of Chinese and English gamblers and nongamblers and a hypothetical Horse Racing Task assessed risk-taking behavior (N = 120). The Chinese exhibited significantly less probabilistic thinking and riskier gambling decisions.Apath analysis found that degree of probabilistic thinking was one (but not the only) source of the observed cultural differences in risk taking.