342 participants made decisions between a larger payout but riskier gamble and a smaller payout but less risky gamble on three response modes: a choice, a rejection and an exchange mode. When the probability ratio between the gambles was large, they preferred the larger payout but riskier gamble more, as amounts of the payout decreased. Their preference for the larger payout but riskier gamble on the rejection mode was weaker than that on the choice mode. On the other hand, there was no difference in extent of the preference between the exchange mode and the choice mode. The results support the hypothesis that preference for a risky option depends on negative emotion.
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