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Emotional choice theory posits that individual-level decision-making is shaped in significant ways by the interplay between people’s norms, emotions, and identities. While norms and identities are important long-term factors in the decision process, emotions function as short-term, essential motivators for change.
Post (2008) analyzed Deal or no Deal contestant behavior in order to reach conclusions about decision-making when stakes are high. [20] Studying the contestant's choices formed the conclusion that in a sequential game with high stakes decisions were based on previous outcomes rather than rationality. [20]
Whether at a high-stakes boardroom meeting or bustling networking event, it can be tricky to reclaim attention after being spoken over or interrupted. Your inclination may be to shy away from ...
They conducted three experiments in gambling decisions and job selection decisions, where unhappy subjects were found to prefer high-risk/high-reward options unlike anxious subjects who preferred low-risk/low-reward options. They stated that "anxiety and sadness convey distinct types of information to the decision-maker and prime different goals."
A gritty, high-stress drama set in a Chicago restaurant, The Bear dives deep into the chaotic, emotional life of a young chef struggling to keep his family’s sandwich shop afloat.
Since risky behavior can trigger a complex and varied set of emotional responses (elation, fear, acceptance, etc.), a person's mood might be expected to play a substantial and unpredictable role in any choice to take heavy risks. If a person is in a good mood, he or she might be more likely to appraise the risk positively and be willing to ...
The college admission essay, a high-stakes pitch in which applicants have limited words to describe who they are and why campuses should admit them, just got even more stressful for students of color.
The naturalistic decision making (NDM) framework emerged as a means of studying how people make decisions and perform cognitively complex functions in demanding, real-world situations. These include situations marked by limited time, uncertainty, high stakes, team and organizational constraints, unstable conditions, and varying amounts of ...