Risk-Taking Behavior in the Balloon Analogue Risk Task (BART)

Inter-individual differences in risk-taking behavior are the focus of many studies in psychology. One tool that is used frequently to assess risk-taking behavior in the laboratory is the BART. In this incentivized game, a participant has to decide whether to pump up a balloon increasing both its monetary value but also its risk of exploding. After each pump, the participant has to decide anew whether to keep on pumping or to save the balloon early. If a balloon explodes, all of its value is lost and the participant has to move on to the next one. In this project, we utilize the BART to assess intra-individual differences in risk-taking behavior elicited by varying contexts and game designs but also by different stages of goal pursuit participants are in. We already observed alterations in pumping behavior according to the participants' mindsets and further want to improve the assessment qualities of the BART. If you are interested in using the BART in the laboratory and thus writing your theses in this project, please contact lucas.keller [at] uni-konstanz.de. Recent publications:

  • Gollwitzer, P. M., & Keller, L. (2016). Mindset theory. In V. Zeigler-Hill & T.K. Shackelford (Eds.), Encyclopedia of personality and individual differences (pp. 1–8). Springer International Publishing. DOI: 10.1007/978-3-319-28099-8_1141-1
  • Keller, L., & Gollwitzer, P. M. (2017). Mindsets affect risk perception and risk-taking behavior: Illusionary optimism and the BART. Social Psychology, 48, pp. 135–147. doi: 10.1027/1864-9335/a000304