Arbeitspapier

Do emotional carryover effects carry over?

Existing research has demonstrated carryover effects whereby emotions generated in one context influence decisions in other, unrelated ones. We examine the carryover effect in relation to valuations of risky and ambiguous lotteries with a novel focus on comparing the carryovers arising from a targeted stimulus (designed to elicit a specific emotion) with those arising from a naturalistic stimulus (expected to produce a more complex emotional response). We find carryover effects using both a standard targeted stimulus and a naturalistic one, but they are stronger for the naturalistic stimulus and in the context of ambiguity. These effects are also highly gender-specific with only males being susceptible. To probe the emotional foundations of behaviour, we conduct analysis relating individual self-reports of emotions to incentivised valuation behaviour. Our results cast doubt on the interpretation of some evidence purporting to establish links between specific incidental emotions and risk taking.

Language
Englisch

Bibliographic citation
Series: CeDEx Discussion Paper Series ; No. 2022-16

Classification
Wirtschaft
Design of Experiments: Laboratory, Individual
Criteria for Decision-Making under Risk and Uncertainty
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Subject
Incidental emotions
Emotional carryover
Risk
Ambiguity
Naturalistic
Structural equation modelling

Event
Geistige Schöpfung
(who)
Masters, Nikhil
Lloyd, Tim A.
Starmer, Chris
Event
Veröffentlichung
(who)
The University of Nottingham, Centre for Decision Research and Experimental Economics (CeDEx)
(where)
Nottingham
(when)
2022

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Masters, Nikhil
  • Lloyd, Tim A.
  • Starmer, Chris
  • The University of Nottingham, Centre for Decision Research and Experimental Economics (CeDEx)

Time of origin

  • 2022

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