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Anticipated emotions. Loewenstein and Lerner divide emotions during decision-making into two types: those anticipating future emotions and those immediately experienced while deliberating and deciding. Anticipated (or expected) emotions are not experienced directly, but are expectations of how the person will feel once gains or losses ...
Emotional choice theory is a unitary action model to organize, explain, and predict the ways in which emotions shape decision-making. One of its main assumptions is that the role of emotion in choice selection can be captured systematically by homo emotionalis. The theory seeks to lay the foundation for an affective paradigm in the political ...
Richard S. Lazarus (March 3, 1922 – November 24, 2002) was an American psychologist who began rising to prominence in the 1960s. A Review of General Psychology survey, published in 2002, ranked Lazarus as the 80th most cited psychologist of the 20th century. [1] He was well renowned for his theory of cognitive-mediational theory within emotion.
In economic theory, human decision-making is often modeled as being devoid of emotions, involving only logical reasoning based on cost-benefit calculations. [3] In contrast, the somatic marker hypothesis proposes that emotions play a critical role in the ability to make fast, rational decisions in complex and uncertain situations.
An emotional bias is a distortion in cognition and decision making due to emotional factors. For example, a person might be inclined: to attribute negative judgements to neutral events or objects; [1][2] to believe something that has a positive emotional effect, that gives a pleasant feeling, even if there is evidence to the contrary;
Research has demonstrated emotional manipulations on decision making processes. Participants who are induced with enthusiasm, anger or distress (different specific emotions) responded in different ways to the risky-choice problems, demonstrating that hot cognition, as an automatic process, affects decision making differently.
Intuition in the context of decision-making is defined as a "non-sequential information-processing mode." [1] It is distinct from insight (a much more protracted process) and can be contrasted with the deliberative style of decision-making. Intuition can influence judgment through either emotion or cognition, and there has been some suggestion ...
In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options. It could be either rational or irrational. The decision-making process is a reasoning process based on assumptions of ...