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Jul 20, 2019 · Prospect theory has developed into a dominant and widely accepted model to describe risky decision making. Across several research fields, findings regarding emotion’s effect on risky decision making have supported the importance of emotions in the context of this model. However, those findings regarding deviating risk preferences and decision-making behavior have not yet been included in ...
- Tobias Thomas Prietzel
- tobias.prietzel@uni-marburg.de
- 2020
Mar 1, 2023 · Alongside response inhibition, risky decision-making is a cognitive domain that correlates with emotion-related impulsivity, indicating that emotion-related impulsivity is more complex than an isolated cognitive process gone awry (Johnson et al., 2020). It will be important for researchers to move beyond these isolated, small effect sizes to integrate data from multiple cognitive domains using ...
Dec 1, 2006 · We then present a summary of the role of emotion in decision-making, defining the dichotomy of emotional and rational systems, research on risk assessment, and findings from neuroscience. The following section introduces a new methodology for researching and explaining decision-making behavior, the neuroeconomic approach.
- Lily A. Gutnik, A. Forogh Hakimzada, Nicole A. Yoskowitz, Vimla L. Patel
- 2006
Jul 27, 2023 · Emotions influence decision making by swaying choices and impacting risk-taking behavior. The brain chemistry, including neurotransmitters like dopamine and serotonin, plays a role in emotions and decision making. The dual process theory suggests that there are two systems for processing information, with emotional awareness tied to System 1 ...
A revolution in the science of emotion has emerged in recent decades, with the potential to create a paradigm shift in decision theories. The research reveals that emotions constitute potent, pervasive, predictable, sometimes harmful and sometimes beneficial drivers of decision making. Across different domains, important regularities appear in the mechanisms through which emotions influence ...
Jul 10, 2024 · Emotions powerfully, predictably, and pervasively influence decision making. The risk-as-feelings hypothesis states that two kinds of emotions are important in decision-making, anticipatory emotions and anticipated emotions. We empirically investigated whether and how anticipatory and anticipated emotions may change as a function of outcome values and whether anticipatory or anticipated ...
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an increasingly vibrant quest to identify the effects of emotion on judgment and decision making (JDM) is under way. Such vibrancy was not always apparent. In economics, the historically dominant discipline for research on decision theory, the role of emotion, or affect more generally, in decision making
