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A summary of a research study in psychology is given in this section. As you read the summary, think about the questions in the "Time to Reflect" section below.
Study / Article Reference
Ballard, T. B., Sewell, D. K., Cosgrove, D., & Neal, A. (2019). Informational processing under reward versus punishment. Psychological Science, 30(5). https://doi.org/10.1177/0956797619835462
Purpose of the Study
The study tested the effects of reward and punishment on decision making. The researchers compared two competing hypotheses:
Method of the Study
In this experiment, 35 students performed a motion direction detection task. On each of the trials, participants saw a cloud of 40 moving dots. Some of the dots moved to the top left or top right of the screen while the remaining dots moved in a random direction. Participants were asked to press the “z” key if they saw the dots mostly moving to the left and the “/” key if they saw the dots moving mostly to the right. Participants began the task with 7.50 Australian dollars. In some blocks, they gained A$2.50 (reward) if they achieved 77% accuracy and a mean response time of 1.071 seconds. In other blocks, they lost A$2.50 (punishment) if they did not achieve these goals. Finally, in some blocks, they did not gain or lose money regardless of their performance (neutral). Speed and accuracy on the trials were measured and compared for the three different types of blocks.
Results of the Study
Both speed and accuracy declined when punishment was imposed in the block of trials (lose A$2.50) versus the neutral blocks (no reward or punishment), but there was no evidence of a change in speed or accuracy in the reward blocks (gain A$2.50) compared with the neutral blocks.
Conclusions of the Study
From these results, the authors concluded that there is no evidence that rewards affect decision making, but punishment impairs decision making by reducing one’s ability to fully process important information (their second hypothesis).
Time to Reflect