Journal ArticleDOI
Risk as feelings.
Reads0
Chats0
TLDR
This article proposed the risk-as-feelings hypothesis, which highlights the role of affect experienced at the moment of decision making, and showed that emotional reactions to risky situations often diverge from cognitive assessments of those risks.Abstract:
Virtually all current theories of choice under risk or uncertainty are cognitive and consequentialist. They assume that people assess the desirability and likelihood of possible outcomes of choice alternatives and integrate this information through some type of expectation-based calculus to arrive at a decision. The authors propose an alternative theoretical perspective, the risk-as-feelings hypothesis, that highlights the role of affect experienced at the moment of decision making. Drawing on research from clinical, physiological, and other subfields of psychology, they show that emotional reactions to risky situations often diverge from cognitive assessments of those risks. When such divergence occurs, emotional reactions often drive behavior. The risk-as-feelings hypothesis is shown to explain a wide range of phenomena that have resisted interpretation in cognitive-consequentialist terms.read more
Citations
More filters
Journal ArticleDOI
Serotonin transporter gene-linked polymorphic region (5-HTTLPR) influences decision making under ambiguity and risk in a large Chinese sample
Qinghua He,Gui Xue,Gui Xue,Chuansheng Chen,Zhong-Lin Lu,Qi Dong,Xuemei Lei,Ni Ding,Jin Li,Jin Li,He Li,Chunhui Chen,Jun Li,Robert K. Moyzis,Antoine Bechara +14 more
TL;DR: It is proposed that these effects of 5-HTTLPR polymorphism might be mediated by a neural circuitry that comprises the amygdala, ventromedial prefrontal cortex, and insular cortex which is based on previous studies on the genetic basis of decision making.
Journal ArticleDOI
Perceptions of risk: understanding cardiovascular disease
Ruth Webster,Emma Heeley +1 more
TL;DR: Doctors need to take responsibility for the accurate assessment and effective communication of CV risk in their patients in order to improve patient uptake of cardioprotective lifestyle choices and preventive medications.
Journal ArticleDOI
Human and nature-caused hazards: the affect heuristic causes biased decisions.
TL;DR: People's reliance on the affect heuristic is a challenge for acceptance of cost-benefit analyses because equally negative outcomes are differently evaluated depending on the cause.
Journal ArticleDOI
The amplification of risk in experimental diffusion chains
TL;DR: This work examines how messages detailing risks are transmitted from one person to another in experimental diffusion chains and how people influence each other as they propagate this information, showing that when messages are propagated through the diffusion chains, they tend to become shorter, gradually inaccurate, and increasingly dissimilar between chains.
Posted Content
Trust in motives, trust in competence: Separate factors determining the effectiveness of risk communication
TL;DR: In this article, the authors show that past quality of advice and degree of similarity between advisors' and judges' values have separate (noninteracting) effects on two types of agent behavior: the degree of trust expressed in a source (stated trust) and the weight given to the source's advice (revealed trust).
References
More filters
Book ChapterDOI
Prospect theory: an analysis of decision under risk
Daniel Kahneman,Amos Tversky +1 more
TL;DR: In this paper, the authors present a critique of expected utility theory as a descriptive model of decision making under risk, and develop an alternative model, called prospect theory, in which value is assigned to gains and losses rather than to final assets and in which probabilities are replaced by decision weights.
Journal ArticleDOI
Prospect theory: analysis of decision under risk
Daniel Kahneman,Amos Tversky +1 more
Book
Understanding Attitudes and Predicting Social Behavior
Icek Ajzen,Martin Fishbein +1 more
TL;DR: In this paper, the author explains "theory and reasoned action" model and then applies the model to various cases in attitude courses, such as self-defense and self-care.
Book
Handbook of social psychology
TL;DR: In this paper, Neuberg and Heine discuss the notion of belonging, acceptance, belonging, and belonging in the social world, and discuss the relationship between friendship, membership, status, power, and subordination.
Book
Descartes' Error: Emotion, Reason, and the Human Brain
TL;DR: The authors argued that rational decisions are not the product of logic alone - they require the support of emotion and feeling, drawing on his experience with neurological patients affected with brain damage, Dr Damasio showed how absence of emotions and feelings can break down rationality.