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Decision Making01:20

Decision Making

70
Decision-making is a fundamental cognitive process that involves evaluating alternatives and selecting among them. This process can range from simple choices, such as deciding what to wear, to complex decisions, like choosing a major in college or a career path. The complexity of the decision often dictates the approach we use, which can be broadly categorized into two types: automatic and controlled decision-making.
Automatic decision-making is fast, intuitive, and relies on gut feelings...
70
Reason and Intuition01:37

Reason and Intuition

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The human brain processes information for decision-making using one of two routes: an intuitive system and a rational system (Epstein, 1994; popularized by Kahneman, 2011 as System 1 and System 2, respectively). The intuitive system is quick, impulsive, and operates with minimal effort, relying on emotions or habits to provide cues for what to do next, while the rational system is logical, analytical, deliberate, and methodical. Research in neuropsychology suggests that the...
6.3K
Decision Making: Traditional Method01:14

Decision Making: Traditional Method

3.9K
The process of hypothesis testing based on the traditional method includes calculating the critical value, testing the value of the test statistic using the sample data, and interpreting these values.
First, a specific claim about the population parameter is decided based on the research question and is stated in a simple form. Further, an opposing statement to this claim is also stated. These statements can act as null and alternative hypotheses, out of which a null hypothesis would be a...
3.9K
Decision Making: P-value Method01:09

Decision Making: P-value Method

5.2K
The process of hypothesis testing based on the P-value method includes calculating the P- value using the sample data and interpreting it.
First, a specific claim about the population parameter is proposed. The claim is based on the research question and is stated in a simple form. Further, an opposing statement to the claim  is also stated. These statements can act as null and alternative hypotheses:  a null hypothesis would be a neutral statement while the alternative hypothesis can...
5.2K
Cognitive Theories: Schachter-Singer Theory of Emotion01:20

Cognitive Theories: Schachter-Singer Theory of Emotion

153
Stanley Schachter and Jerome Singer proposed the two-factor theory of emotion, which emphasizes the interplay between physiological arousal and cognitive labeling in forming emotional experiences. This theory suggests that emotions are not simply a result of physiological responses but rather a combination of these responses and the individual's cognitive interpretation of them.
Physiological Arousal and Cognitive Labeling
According to this theory, when an individual experiences...
153
The Anchoring-and-Adjustment Heuristic01:25

The Anchoring-and-Adjustment Heuristic

7.2K
In order to make good decisions, we use our knowledge and our reasoning. Often, this knowledge and reasoning is sound and solid. However, sometimes, we are swayed by biases or by others manipulating a situation. For example, let’s say you and three friends wanted to rent a house and had a combined target budget of $1,600. The realtor shows you only very run-down houses for $1,600 and then shows you a very nice house for $2,000. Might you ask each person to pay more in rent to get the...
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Related Experiment Video

Updated: May 13, 2025

The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies
08:24

The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies

Published on: August 25, 2023

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Guilt emotion and decision-making under uncertainty.

Amelia Gangemi1, Chiara Rizzotto1, Febronia Riggio1

  • 1Department of Cognitive Sciences (COSPECS), University of Messina, Messina, Italy.

Frontiers in Psychology
|April 14, 2025
PubMed
Summary
This summary is machine-generated.

Moral emotions like guilt and anger significantly impact risk-taking decisions. Guilt

Keywords:
angerdecision under uncertaintyframing effectguiltmoral emotions

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Area of Science:

  • * Behavioral Economics
  • * Psychology of Decision-Making
  • * Moral Psychology

Background:

  • * Understanding how emotions influence financial and risk-related choices is crucial.
  • * Previous research has explored emotion's role in decision-making, but the nuanced effects of specific moral emotions remain less understood.

Purpose of the Study:

  • * To investigate the differential impact of moral emotions, specifically guilt and anger, on decisions under risk.
  • * To explore how individual moral goals (reparation vs. expiation) moderate the effect of guilt on risk preferences.
  • * To examine whether emotional framing or outcome framing (gain-loss) predominantly influences choices when experiencing these emotions.

Main Methods:

  • * Two experiments were conducted involving participants induced with specific moral emotions (guilt or anger).
  • * Participants made choices between risky and riskless options.
  • * Decision problems were framed to align with the induced emotional state.

Main Results:

  • * Anger consistently led to a preference for risk-taking.
  • * Guilt's influence on risk preference was contingent on the participant's moral goal (reparation or expiation).
  • * Emotional framing, rather than gain-loss framing, significantly shaped participants' responses.

Conclusions:

  • * Moral emotions have distinct and context-dependent effects on decisions under risk.
  • * Guilt's impact on risk-taking is flexible and goal-dependent, unlike the consistent risk-seeking tendency induced by anger.
  • * Emotional states can override objective outcome descriptions in guiding choices under risk.