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Regret and disappointment are decision-making related emotions. We examine the relation between these emotions and … that refer to regret and disappointment. We base our research on earlier studies by Zeelenberg, Van Dijk, Manstead, and Van …, and regret and disappointment on the other. As such we provide a demonstration of how emotion words and emotional …
Persistent link: https://www.econbiz.de/10011051353
regret. 1156–1166 and Bell, D. 1985. Disappointment in decision making under uncertainty. 1–27.]; Loomes and Sugden [Loomes … perspective is useful in that risk is captured by the disappointment and regret terms, providing an intuitively appealing … decomposition of post-choice valuation and offering several advances over previous representations of disappointment and regret. We …
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negatively valenced decision-related emotions, regret and disappointment, have distinct effects on the valuation of an object. We … found that an induction of regret eliminates the classic endowment effect, whereas an induction of disappointment reverses …
Persistent link: https://www.econbiz.de/10010573780
The influence of emotions on decision making is widely accepted, particularly in relation to incidental emotions and moods. The influence of specific emotions integral to a decision is, perhaps, less explored. Explanations of many behavioral anomalies exist that exclude such emotions as...
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, which integrates reference based utility models with elements of prospect theory and the disappointment model, helps in … show that the combination of probability weighting with disappointment aversion appears to provide a better explanation for …
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resulting expected disappointment may be substantial. We then propose the use of Bayesian methods to adjust value estimates … disappointment. …
Persistent link: https://www.econbiz.de/10009214112