Literature DB >> 24769345

Fear shapes information acquisition in decisions from experience.

Renato Frey1, Ralph Hertwig2, Jörg Rieskamp3.   

Abstract

Before making decisions, people often need to explore their environment to learn about initially uncertain outcomes. To date, it remains unknown to what extent a person's emotional state shapes exploration in such decisions from experience. It has been suggested that fear regulates people's informational interface with the external world through its physiological expression (e.g., a more effective sampling of the visual field from widened eyes). We investigated whether-as suggested by appraisal tendency theories of emotions-the "emotional feeling" of fear triggers analogous changes in exploration, in terms of increased information sampling in decisions from experience. In two studies, one with naturally occurring emotional states and one with induced emotional states, we found that fearful (relative to happy) people sampled substantially more information before making a final choice. These different degrees of exploration influenced the experience of rarity and, in turn, final choices. We discuss the extent to which increased information acquisition is adaptive.
Copyright © 2014 Elsevier B.V. All rights reserved.

Entities:  

Keywords:  Decisions from experience; Emotional state; Fear; Information search; Risky choice; Sampling

Mesh:

Year:  2014        PMID: 24769345     DOI: 10.1016/j.cognition.2014.03.009

Source DB:  PubMed          Journal:  Cognition        ISSN: 0010-0277


  3 in total

1.  Does Fear Increase Search Effort in More Numerate People? An Experimental Study Investigating Information Acquisition in a Decision From Experience Task.

Authors:  Jakub Traczyk; Dominik Lenda; Jakub Serek; Kamil Fulawka; Pawel Tomczak; Karol Strizyk; Anna Polec; Piotr Zjawiony; Agata Sobkow
Journal:  Front Psychol       Date:  2018-08-03

2.  A normative inference approach for optimal sample sizes in decisions from experience.

Authors:  Dirk Ostwald; Ludger Starke; Ralph Hertwig
Journal:  Front Psychol       Date:  2015-09-10

3.  Risk preference shares the psychometric structure of major psychological traits.

Authors:  Renato Frey; Andreas Pedroni; Rui Mata; Jörg Rieskamp; Ralph Hertwig
Journal:  Sci Adv       Date:  2017-10-04       Impact factor: 14.136

  3 in total

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