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Journal ArticleDOI

Risk as feelings.

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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.

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Citations
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Journal ArticleDOI

Dreaded Risks and the Control of Biological Weapons

TL;DR: The U.S.A. Patriot Act, passed by both Houses of Congress in the space of weeks, was signed by President George W. Bush on October 26, 2001 as discussed by the authors.
Journal ArticleDOI

Risky, Impulsive, and Self-Destructive Behavior Questionnaire (RISQ): A Validation Study.

TL;DR: Results provide initial validation for the RISQ as a broad, yet relatively brief, measure that quantifies and qualifies risky behaviors by assessing the severity, chronicity, and triggers for a range of harmful behaviors.
Journal ArticleDOI

The effect of accountability on loss aversion.

TL;DR: The authors investigated the effect of accountability on loss aversion and found that accountability reduces the bias of risk aversion, which is explained by the higher cognitive effort induced by accountability, which triggers a rational check on emotional reactions at the base of loss aversion.
Journal ArticleDOI

The role of dopamine in risk taking: a specific look at Parkinson's disease and gambling

TL;DR: This work places dopamine agonists within a decision-making framework in which potential gains and losses are evaluated to arrive at optimum choices, and provides a hypothetical but still incomplete model on the effect of dopamine agonist treatment on these value and risk assessments.
Journal ArticleDOI

The inhibitory effect of a distressing anti-smoking message on risk perceptions in smokers

TL;DR: This article found that people strategically reduce their estimates of personal risk when they are confronted with a potentially distressing health message, and that these lowered risk estimates are partly the outcome of defensive processes activated by distress associated with perceptions of personal vulnerability.
References
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Book ChapterDOI

Prospect theory: an analysis of decision under risk

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.
Book

Understanding Attitudes and Predicting Social Behavior

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.