Models of Affective Decision-Making: How Do Feelings Predict Choice?

Charpentier, Caroline J.; Neve, Jan‐Emmanuel De; Roiser, Jonathan P.; Sharot, Tali

doi:10.2139/ssrn.2734088

Cited by 45 publications

(61 citation statements)

References 18 publications

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“…People do not always overestimate in predicting and remembering emotion, however. Recent research reveals underestimation [26][27][28], and accuracy [12,29,30], as well as overestimation [31][32][33]. To account for this variation, Buechel, Zhang, and Morewedge [26] proposed that emotional experiences are more attention absorbing and richly detailed than forecasts.…”

Section: Similar Sources and Patterns Of Bias When Predicting And Remmentioning

confidence: 99%

Bias in predicted and remembered emotion

Levine

Lench

Karnaze

et al. 2018

Current Opinion in Behavioral Sciences

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Predicting and remembering emotion both rely on the episodic memory system which is constructive and subject to bias. In keeping with the common cognitive processes underlying prospection and retrospection, people show similar strengths and weaknesses when they predict how they will feel in the future and remember how they felt in the past. Recent findings reveal that people predict and remember the intensity of emotion more accurately than their overall or general emotional response, and whether emotion is over-or underestimated depends on how people's attention to, and appraisals about, events change over time. People's phenomenological experience differs markedly when they are predicting versus remembering emotion, however.Phenomenological cues, such as intensity and autonoetic experience, make predicted emotion a more compelling guide for decisions, even when inaccurate. Highlights:• The episodic memory system supports predicting and remembering emotional experience • Similar patterns of accuracy and bias characterize predicted and remembered emotion • Intensity is represented more accurately than overall emotional experience • The direction of bias depends on how attention and event appraisals shift over time • Phenomenological experience differs markedly for predicted and remembered emotion

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Section: Similar Sources and Patterns Of Bias When Predicting And Remmentioning

confidence: 99%

Bias in predicted and remembered emotion

Levine

Lench

Karnaze

et al. 2018

Current Opinion in Behavioral Sciences

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show abstract

“…Types of emotions are also referenced in empirical research. For example, attempts to reach a better understanding of the mechanisms of the emotional impact on decision making have incorporated different types of emotions into complex mediation models (Charpentier, De Neve, Li, Roiser, & Sharot, 2016;DeWall, Baumeister, Chester, & Bushman, 2016) and coherent types of emotion TYPES OF EMOTIONS 4 categorizations are useful in building more comprehensive models of human decision making (cf. Lerner et al, 2015, the EIC model).…”

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confidence: 99%

How Emotions Enter into Decision Making: A Novel Categorization of Types of Emotions

Efendic¹

2017

Preprint

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Research in how emotions impact decision making is growing and the corresponding literature is often organized around types of emotions. These types can be thought of as labels that categorize how emotions enter into decision making. Examples include "expected", "integral", or "incidental" emotions. Taking a closer look at several of these categorizations however, one is confronted with discord and a considerable number of inconsistencies in naming conventions, definitions, scope of the categorizations, as well as a lack of clear approach to how emotions might enter into decision making. Given the ubiquity of these categorizations, in this paper, we conduct a review of types of emotions, we address some of the inconsistencies, and we present a new way of categorizing how emotions enter into decision making -one where emotions are categorized in relation to the decision and affective components of the decision making process.We discuss how this new categorization deals with the identified inconsistencies and ways in which it can be conducive to developing novel theoretical and empirical investigations in how emotions impact decision making. How Emotions Enter into Decision Making: A Novel Categorization of Types of EmotionsEmotions have an undeniable impact on judgment and decision making (JDM). It has been shown that emotions can, dependent on the decision situation, lead both to suboptimal (e.g., Ariely & Loewenstein, 2006;De Martino, Kumaran, Seymour, & Dolan, 2006;Mikels, Cheung, Cone, & Gilovich, 2013;Ratner & Herbst, 2005) and superior (e.g., Bechara, 1997;Koenigs & Tranel, 2008;Mikels et al., 2010;Shiv, Loewenstein, Bechara, Damasio, & Damasio, 2005) decisions. Furthermore, interest in emotions and the impact that they have on JDM has been on the rise. Lerner, Li, Valdesolo, and Kassam (2015, supplemental material), for instance, found that the yearly output of published papers on this topic increased by an order of magnitude from 2001 to 2013.Most researchers in this domain seem to agree that there are several ways in which emotions can enter into decision-making. As a result, distinctions have been made between different types of emotions (e.g., integral, incidental, expected, immediate, etc.) which categorize the ways emotions can enter into JDM. Nearly every major review of the emotion and JDM literature highlights types of emotions and theoretical frameworks are often-times distinguished dependent on the type of emotion they focus on. For example, the "appraisal tendency framework" (Lerner & Keltner, 2001) focuses on incidental emotions while "decision affect theory" (Mellers, Schwartz, Ho, & Ritov, 1997) focuses on anticipated emotions. Types of emotions are also referenced in empirical research. For example, attempts to reach a better understanding of the mechanisms of the emotional impact on decision making have incorporated different types of emotions into complex mediation models (Charpentier, De Neve, Li, Roiser, & Sharot, 2016;DeWall, Baumeister, Chester, & Bushman, 2016) and coherent ...

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“…Further research, using computational modeling, has found that emotions experienced in response to gains and losses are better predictors of choices in a subsequent gambling task than the utility or objective value of an outcome (Charpentier, De Neve, Li, Roiser & Sharot, 2016). This relationship between past emotions and decisions suggesting that people may be using their past experiences to predict how they will feel in the future and, furthermore, those anticipated feelings seem to guide their behavior.…”

Section: The Importance Of Anticipated Emotions For Behaviormentioning

confidence: 99%

“…As reviewed above, anticipated emotions can cause changes in people's current emotional states, influence behavior, and motivate people to regulate their emotions in certain ways (Charpentier et al, 2016, Voelkle et al, 2013, Tamir, Mitchell & Gross, 2008. Additionally, as people age, they are likely to benefit more from earlier forms of emotion regulation that allow them to manage their emotions before they enter a situation (Charles, 2010;Livingstone & Isaacowitz, 2015;Sands & Isaacowitz, 2016;Voelkle et al, 2013).…”

Section: Current Researchmentioning

confidence: 99%

“…Some of these emotional situations are surprising, but many of the events in people's emotional lives are foreseeable (Voelkle et al, 2013). Anticipating emotional situations -and making predictions about how one will feel -influences how people feel in the moment and the decisions they make (Wilson & Gilbert, 2005;Voekle et al, 2013;Charpentier, De Neve, Li, Roiser & Sharot, 2016).…”

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Age differences in anticipatory emotion regulation

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Models of Affective Decision-Making: How Do Feelings Predict Choice?

Cited by 45 publications

References 18 publications

Bias in predicted and remembered emotion

Bias in predicted and remembered emotion

How Emotions Enter into Decision Making: A Novel Categorization of Types of Emotions

Age differences in anticipatory emotion regulation

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