Abstract
Engagement in risky behavior has traditionally been attributed to an underestimation of the associated risks, but recent perspectives suggest that affective reactions toward a risky option may better explain risk-seeking than risk perception. However, the precise relationship between emotion and risk-seeking remains unclear. The current set of studies elucidates the relationship between emotion and risk-seeking in risky choice framing, using a gambling task. In Study 1, reliance on emotion was related to risk-seeking, but goals to regulate emotion mitigated these effects. In Study 2, positive affect was associated with risk-seeking in loss frames, but unrelated to risk aversion in gain frames. Collectively, these findings indicate a general role for emotion reliance on risk-seeking and a specific role of positive affect on risk-seeking in the loss trials of the framing effect.
Original language | English (US) |
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Pages (from-to) | 852-859 |
Number of pages | 8 |
Journal | Emotion |
Volume | 11 |
Issue number | 4 |
DOIs | |
State | Published - Aug 2011 |
Keywords
- Affect
- Decision making
- Emotion
- Framing effect
- Risk-seeking
ASJC Scopus subject areas
- General Psychology