We test for a novel pattern of menu-dependent risk attitudes that forms the basis of recent theories of risky choice: Does expanding the range of potential prizes from lotteries in a choice set lead people to overweight those prizes and make riskier choices? Contrary to our hypothesis, we find no evidence of such a menu effect. Varying the potential prize offered by an actuarially unfavorable, high-risk lottery does not affect the likelihood of choosing a different, moderate-risk gamble in favor of a safer alternative. Our well-powered null results cast doubt on prominent theories of menu-dependent risk preferences.

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菜单相关的风险态度：理论和证据

我们测试了一种依赖于菜单的风险态度的新模式，该模式构成了近期风险选择理论的基础：扩大选择集中彩票的潜在奖品范围是否会导致人们超重这些奖品并做出风险更大的选择？与我们的假设相反，我们没有发现这种菜单效应的证据。改变精算上不利的高风险彩票所提供的潜在奖金不会影响选择不同的、中等风险的赌博以支持更安全的替代方案的可能性。我们强有力的零结果对菜单相关风险偏好的著名理论提出了质疑。