, albeit only for women. Women in a better than normal mood tend to exhibit mood-congruent behavior, i.e. they weight … probabilities of gains and losses relatively more optimistically. Men’s probability weights are not responsive to mood state. We … find that the application of a mechanical decision criterion, such as the maximization of expected value, immunizes men …

initiated by women, and importantly, by women who are unhappier than their husband. Hence, happiness gaps seem to matter to …