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.

Speaker

Richard Deaves

McMaster University, Hamilton

Date

09.05.2012 | 15:00 - 16:30

Event Location

ZEW, L 7,1 D-68161 Mannheim

Room

Raum 2

Contact

Senior Researcher