Arbeitspapier

Stress and coping: An economic approach

Stress is ubiquitous in society. In our model, stressors translate into subjective stress via an appraisal process. Stress reduces instantaneous utility of an individual directly and via a cognitive load argument. Coping can be functional and under the control of the individual or more automatic with dysfunctional features. We predict the occurrence and frequency of uncontrolled coping - emotional outbursts - as a function of an individual´s personality and environment. Outbursts cannot always be avoided. Delaying emotional outbursts artificially can lead to even more outbursts. Looking at the effect of psychotherapy shows that expecting little and being emotional can help maximizing well-being.

Language
Englisch

Bibliographic citation
Series: Jena Economic Research Papers ; No. 2015-020

Classification
Wirtschaft
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Health Behavior
Subject
controlled vs. automatic reaction
coping
emotional outbursts
optimal stopping problem
personality
stress

Event
Geistige Schöpfung
(who)
Wälde, Klaus
Event
Veröffentlichung
(who)
Friedrich Schiller University Jena
(where)
Jena
(when)
2015

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Wälde, Klaus
  • Friedrich Schiller University Jena

Time of origin

  • 2015

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