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regret in this psychological process. The Maximization Inventory (MI; satisficing, decision difficulty, and alternative … search), regret, and Satisfaction with Life Scale (SWLS) were translated and adapted to Spanish in order to answer these … mediation effect of regret between decision difficulty and SWLS. At the same time, alternative search has a positive relation …
Persistent link: https://www.econbiz.de/10011132849
People overestimate their affective reactions to future events and decisions --- a phenomenon that has been termed ``impact bias.'' Evidence suggests that completing a diary detailing events contemporaneous with the focal one de-biases judgments of affect. It is generally assumed that this is...
Persistent link: https://www.econbiz.de/10005004675
validity for judgments of regret. Research has also shown that differences in the personality variable of action orientation … consistency factors and action-state personality orientation influence judgments of regret. In Study 1, we used a recalled life … orientation experienced more regret for situations involving inaction (staying home) than situations involving action (going out …
Persistent link: https://www.econbiz.de/10005773054
regret and disappointment and presents a new method --- the Regret and Disappointment Scale (RDS) --- for assessing the two … prototypical of regret and the other of disappointment, to test and compare traditional methods (``How much regret do you feel … the constructs of regret and disappointment. Study 2 confirmed the validity of the RDS in a real-life scenario, in which …
Persistent link: https://www.econbiz.de/10005773086
forecasting errors occur for feelings of regret, as measured by self-report and subsequent decision-making. Some participants …. Participants who experienced a narrow loss reported more regret than those who imagined a narrow loss. Furthermore, those … behavioral evidence for a reversal of the affective forecasting phenomenon for feelings of regret. …
Persistent link: https://www.econbiz.de/10005773127
Investors, like any decision maker, feel regret when they compare the outcome of an investment with what the outcome … result. However, when their investments exceeded prior expectations, the effect of foregone investment on regret disappeared … when probed to make counterfactual comparisons, also investments that exceed expectations may lead to regret. Together …
Persistent link: https://www.econbiz.de/10010559823
number) when offered an incentive to exchange. Moreover, this effect is mediated by anticipated regret, such that less regret …
Persistent link: https://www.econbiz.de/10008855784
``Waste not want not'' expresses our culture's aversion to waste. ``I could have gotten the same thing for less'' is a sentiment that can diminish pleasure in a transaction. We study people's willingness to ``pay'' to avoid this spoiler. In one scenario, participants imagined they were looking...
Persistent link: https://www.econbiz.de/10008777047
they would have obtained had they decided differently (``counterfactual outcomes''), they become regret-averse in … subsequent decisions. This effect is not only observed when this feedback evoked regret (with counterfactual outcomes being … higher than factual outcomes), but even when the feedback evoked no regret (with factual outcomes being equal to …
Persistent link: https://www.econbiz.de/10009151105
satisficers to regret their choices and to experience post-decisional dissonance. Maximizers may therefore be expected to change … to be intensified and mediated by higher proneness to regret, increased desire to discuss relevant choices with others …
Persistent link: https://www.econbiz.de/10009151110