Predictable or Not? Individuals’ Risk Decisions Do Not Necessarily Predict Their Next Ones Unpredictability in Individuals’ Risk Decisions

Abstract

The above analysis tests the prediction from free will by testing a null hypothesis, which is logically not able to be confirmed. Alternatively, the findings could be analyzed from a perspective in which the prediction of complete determinism to be the null hypothesis and the free will prediction to be the alternative hypothesis. That is, a complete determinism suggests that people should exhibit 100% consistency between their responses in +Mon1 and +Mon2. Our results showed that only 55.24% (58 out of 105) showed this consistency, which is significantly smaller than 100%. A Chi square test th