We test whether induced mood states have an effect on elicited risk and time preferences in a conventional laboratory … with Expected Utility theory or with probability weighting. Time preferences between subjects in the control, positive mood …, and negative mood treatments are not statistically significantly different. However, for choices consistent with Expected …

Recent discussions in decision sciences and behavioral economics stress the potential impact of affect on decision … outcomes. In the present study, we conducted random-assignment experiments (N = 253) to investigate whether affect can cause … choices varied randomly among the fixed, low-, and high-stakes treatment groups. Our results suggest that the impact of affect …

, empirical studies have yet to demonstrate that manipulated affect modulates framing phenomena. The present study asked whether …-subjects design, we induced mood (happy, sad, or neutral) in subjects (N=91) via films that were interleaved with the framing task …. Happy mood induction increased gambling and apparently accentuated framing effects compared to sad mood induction, although …

We test whether induced mood states have an effect on elicited risk and time preferences. Risk preferences between … subjects in the control, positive mood, and negative mood treatments are neither economically nor statistically significant …. However, we find that subjects induced into a positive mood exhibit higher discount rates and that subjects under negative …

. We specifically test whether inducing subjects into different mood states has a significant effect on subjects … rationality (in the form of preference reversals) and on bidding behavior in homegrown value auctions. We find that mood states … can significantly affect the rate of preference reversal and bidding behavior in experimental auction valuation …

Determining what influences mood is important for theories of emotion and research on subjective well-being. We … capture when mood is measured, e.g., time-of-day. These three factors were investigated simultaneously in a study involving …. Respondents assessed mood on a simple bipolar scale – from 1 (very negative) to 10 (very positive). Activities had significant …

This dissertation examines the role of affect in consumer judgments in two essays. The first essay explores the use of … affect as a heuristic basis for judgments of the risks and benefits associated with new products. Current perspectives … innovations. The results support and extend previous research that has investigated the affect heuristic in the context of social …

Information on prices and price risk differences across marketing arrangements aids fed cattle producers in making … choices about marketing methods. As part of the congressionally mandated Livestock and Meat Marketing Study, we investigated … fed cattle price and price risk differences across marketing arrangements. The analysis uses data representing cattle …