4 ms·

that's the balloon task, it measures willingness to take risks in contexts of ambiguity (the chance of it popping is not known). the button press task is probab

that's the balloon task, it measures willingness to take risks in contexts of ambiguity (the chance of it popping is not known). the button press task is probably used to normalize response time data, since some of the between person differences in average response time is due to (probably uninteresting) differences in motor-control of the neuromuscular system. were there any other tasks like ones that asked you to identify the color of the text regardless of what the word said (e.g. a blue word "red")?

HarryHirsch 6y ago
The "willingness to take risks" is probably also "willingness to take crap" by an unemployed or underemployed person. A gainfully employed person may move on when the pseudoscientific video games come up during the screening interview. It is a risk to go work for such companies.
- jonnycomputer 6y ago
  I think I would dispute the characterization of this as pseudo-scientific. The analogue balloon risk task is well validated, if in some ways poorly understood. That is, while standard economic risk models don't map onto it very well, it does correlate fairly substantially with real-world risky behaviors (so again, not economic risk where there is variance of outcomes, but more like the kind of risk taking where there are predictably bad outcomes, like trying heroin). On the other hand, the use of these measures by big corps very well might be pseudo-scientific. I generally object to psychometrics being applied to prospective employees; it feels very dystopian to me. I also know that these measures require more subtle interpretation--and caution--than you're likely to get from anyone in HR, especially when we are talking about making inferences about individuals rather than groups of individuals.
  - SubiculumCode 6y ago
    Why you are being down-voted is beyond me. Your response is reasoned, clear, and open-minded, as well as informed. A citation might improve it, but as it stands, its a fine exemplar of the kinds of comments we should be promoting here on HN.
- deleted 6y ago
  [deleted]

HarryHirsch 6y ago

The "willingness to take risks" is probably also "willingness to take crap" by an unemployed or underemployed person. A gainfully employed person may move on when the pseudoscientific video games come up during the screening interview. It is a risk to go work for such companies.

jonnycomputer 6y ago
I think I would dispute the characterization of this as pseudo-scientific. The analogue balloon risk task is well validated, if in some ways poorly understood. That is, while standard economic risk models don't map onto it very well, it does correlate fairly substantially with real-world risky behaviors (so again, not economic risk where there is variance of outcomes, but more like the kind of risk taking where there are predictably bad outcomes, like trying heroin). On the other hand, the use of these measures by big corps very well might be pseudo-scientific. I generally object to psychometrics being applied to prospective employees; it feels very dystopian to me. I also know that these measures require more subtle interpretation--and caution--than you're likely to get from anyone in HR, especially when we are talking about making inferences about individuals rather than groups of individuals.
- SubiculumCode 6y ago
  Why you are being down-voted is beyond me. Your response is reasoned, clear, and open-minded, as well as informed. A citation might improve it, but as it stands, its a fine exemplar of the kinds of comments we should be promoting here on HN.
deleted 6y ago
[deleted]