Regret intensity as a function of perceived future opportunities

Karadoğan, Figen; Markman, Keith D.

doi:10.1037/e527702008-001

Cited by 1 publication

(2 citation statements)

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“…First, it is worth noting that in this set of studies status quo preservation is again the dominant strategy [10,38,44,[72][73][74]. Furthermore, in line with our findings from the quantitative meta-analysis all six studies covering this strategy provide (some) support for the observation that status quo preservation reduces regret.…”

Section: Plos Onesupporting

confidence: 85%

“…Besides the quantitative meta-analysis of studies that met our strict inclusion criteria, we also conducted a qualitative synthesis of ten additional studies [10,38,44,54,[72][73][74][75][76][77]. These additional studies all reported a link between DA and regret, but failed to meet one or several inclusion criteria for our meta-analysis.…”

Section: Beyond Quantitative Assessmentmentioning

confidence: 99%

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Decision avoidance and post-decision regret: A systematic review and meta-analysis

Han,

Quadflieg,

Ludwig

2023

PLoS ONE

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Decision Avoidance (DA) strategies allow people to forego or abandon effortful deliberation by postponing, bypassing, or delegating a decision. DA is thought to reduce regret, primarily by allowing decision makers to evade personal responsibility for potential negative outcomes. We tested this relation between DA and post-decision regret in a multilevel meta-analysis of 59 effect estimates coming from 13 papers. Five DA strategies were considered: status quo preservation, action omission, inaction inertia, choice delegation and choice deferral. Across all effects and DA strategies, there was a non-significant trend toward DA reducing regret (Hedges’ g = -0.23, p = 0.063). When assessing individual strategies, we found that only status quo preservation reduced regret reliably (Hedges’ g = -0.45, p = 0.006). The relationship between DA and regret was unclear for the other DA strategies. We tested a number of moderators for the effect. Only ‘previous experience’ (i.e., the outcome of a previous decision) influenced the relation between DA and regret reliably. That is, if participants choose the DA option when the same choice previously led to a negative outcome, regret is actually enhanced. Overall, there is clear evidence that status quo preservation can reduce regret, but it is currently unclear whether the same holds for other DA strategies.

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