“…A broad survey of the literature on emotional valence and risk attitudes reveals a set of notably inconsistent empirical results. Increases in positive affect has been linked with increases in risk-taking behaviour in some studies (Deldin & Levin, 1986;Grable & Roszkowski, 2008;Herman et al, 2018;Johnson, 1986;Mailliez et al, 2020;Otto & Eichstaedt, 2018;Schulreich et al, 2014), but with decreased risk taking in other work (Colasante et al, 2017;Isen & Patrick, 1983;Juergensen et al, 2018;Zhao, 2006). Likewise, increased negative affect has been linked in separate studies both with increased risk seeking (Buelow & Suhr, 2013;Raghunathan & Pham, 1999) and with increased risk aversion (Campos-Vazquez & Cuilty, 2014;Colasante et al, 2017;Heilman et al, 2010;Yuen & Lee, 2003).…”