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In this task subjects "fish" in rounds trying to accumulate as much money as possible. If they catch a red fish, they earn .05 cents. However, if they catch a blue fish they lose all the money earned on that round. They are able to stop any round at any time to collect that round's earnings into their "tournament bank". There is one blue fish and many red fish. The subjects complete 4 tournaments of 30 rounds each. The tournaments differ in their weather condition: Sunny (subjects can see/know how many red/blue fish are in the pond) and cloudy (subjects cannot see the fish) and release law: catch N Keep (probability of catching a red fish goes down as they are taken out of the pond) and catch N Release (probability stays constant).
Synonyms: ART
Definition contributed by JLi about two years ago

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Angling Risk Task has been asserted to measure the following CONCEPTS

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Experimental conditions are the subsets of an experiment that define the relevant experimental manipulation.

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In the Cognitive Atlas, we define a contrast as any function over experimental conditions. The simplest contrast is the indicator value for a specific condition; more complex contrasts include linear or nonlinear functions of the indicator across different experimental conditions.

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An indicator is a specific quantitative or qualitative variable that is recorded for analysis. These may include behavioral variables (such as response time, accuracy, or other measures of performance) or physiological variables (including genetics, psychophysiology, or brain imaging data).

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Term Bibliography

Decision Making and Learning While Taking Sequential Risks
Pleskac TJ
J Exp Psychol Learn Mem Cogn.
Citation added by TSalo about three months ago
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