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Emotional balance and probability weighting
Journal article

Emotional balance and probability weighting

Abstract

We find suggestive evidence that emotional balance has an impact on probability weighting incremental to demographic controls. Specifically, low negative affectivity (implying high emotional balance) tends to be a characteristic of those whose probability weighting functions exhibit lower curvature and more neutral elevation. In other words, emotional balance seems to push people in the direction of normative expected utility theory.

Authors

Charupat N; Deaves R; Derouin T; Klotzle M; Miu P

Journal

Theory and Decision, Vol. 75, No. 1, pp. 17–41

Publisher

Springer Nature

Publication Date

July 1, 2013

DOI

10.1007/s11238-012-9348-x

ISSN

0040-5833

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