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.read more
Citations
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Journal ArticleDOI
Dynamic Psychological Games
TL;DR: This article extended the analysis of extensive-form psychological games to include conditional higher-order beliefs and enlarged domains of payoff functions, and provided an exploration of (extensive-form) rationalizability in psychological games.
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Angry men and disgusted women: An evolutionary approach to the influence of emotions on risk taking
TL;DR: The authors showed that despite having similar appraisal tendencies, anger and disgust would have opposite effects on risk taking, since anger functions to deter transgression through aggression, while disgust functions to ward off contamination; an evolutionary perspective also led them to predict sex differences in these effects.
Journal ArticleDOI
Cognitive and affective risk judgements related to climate change
TL;DR: In this paper, a survey investigated risk judgements related to climate change, and demographic factors and knowledge were assessed in a questionnaire answered by 621 Swedish residents, including gender, parenthood, type of education, age, and level of urbanization.
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Risk Loving after the Storm: A Bayesian-Network Study of Hurricane-Katrina Evacuees
TL;DR: The authors investigate risk preferences of a sample of hurricane Katrina evacuees shortly after they were evacuated and transported to Houston, and another sample from the same population taken a year later, and find that women in their sample were significantly more risk loving in the first Katrina sample and only mildly more risk averse in the other two samples.
Journal ArticleDOI
When less is more: Information, emotional arousal and the ecological reframing of the Yerkes-Dodson law
Yaniv Hanoch,Oliver Vitouch +1 more
TL;DR: The authors argue that the relationship depicted by this collapsed version of the Yerkes-Dodson law is far too simplistic to account for the complex relationship between various cognitive functions and emotional arousal.
References
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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.