Can the uncertainty appraisal associated with emotion cancel the effect of the hunch period in the Iowa Gambling Task?

Research has given little attention to the influence of incidental emotions on the Iowa Gambling Task (IGT), in which processing of the emotional cues associated with each decision is necessary to make advantageous decisions. Drawing on cognitive theories of emotions, we tested whether uncertainty-associated emotion can cancel the positive effect of the hunch period, by preventing participants from developing a tendency towards advantageous decisions. Our explanation is that uncertainty appraisals initiate deliberative processing that is irrelevant to process emotional cues, contrary to intuitive processing (Kahneman, 2003; Tiedens & Linton, 2001). As expected, uncertainty-associated emotion cancelled the positive effect of the hunch period in the IGT compared to certainty-associated emotion: disgusted participants (certainty-associated emotion) and sad participants induced to feel certainty developed a stronger tendency towards advantageous decisions than sad participants induced to feel uncertainty. We discuss the importance of the core components that trigger incidental emotions to predict decision making.     

高确定性情绪（开心、愤怒）与低确定性情绪（悲伤）对信任的影响

本研究通过信任游戏的实验范式探讨了在与“受信任者”高/低可信赖性有关的信任线索时,具体情绪的确定性维度对信任行为的影响。实验一发现,当被试被告知“受信任者”在可信赖量表上的得分（高/低）时,个体在高确定性情绪（开心和愤怒）下的信任判断比低确定性情绪（悲伤）下的信任判断上更容易被受信任者的“可信赖性”水平的高低所影响;实验二发现,当告知被试“受信任者”的群体身份（内/外群）时,个体在高确定性情绪（开心和愤怒）下的信任判断比低确定性情绪（悲伤）下的信任判断更容易被受信任者的“内外群”身份所影响。上述结果表明,高确定性的情绪比低确定性的情绪更容易使被试的信任判断受到与“受信任者”是否值得信赖有关的线索所影响。     

Consumer credit card use: the roles of creditor disclosure and anticipated emotion

In response to federal legislative reform aimed, in part, at reducing consumer bankruptcy filings, the authors conducted 2 experiments examining the role of affect in purchasing behavior. In Experiment 1, they examined consumer debtors, and in Experiment 2, they examined nondebtors. In both experiments, they investigated purchasing decisions made during a simulated online shopping trip, with some participants receiving standard disclosures of interest rates and money owed and with other participants receiving information under the new enhanced disclosure regulations. Results demonstrated support for the influence of anticipated affect in credit card use among both debtors and nondebtors and indicated that anticipated emotion may moderate the impact of the enhanced disclosure regulations.     

The relation of tip-of-the-tongue states and retrieval time

The tip-of-the-tongue state (TOT) is the phenomenological experience that a word is on the verge of being recalled. Participants rated TOTs as either emotional or nonemotional. In Experiment 1, given general-information questions, participants spent more time attempting retrieval during emotional TOTs than during nonemotional TOTs or n-TOTs (retrieval failures not accompanied by TOTs). Experiment 2 replicated the effect that TOTs show longer retrieval times than n-TOTs. In Experiment 3, with word definitions as stimuli, retrieval times were longer for emotional TOTs. Experiment 4 showed the same relation between retrieval times and TOTs even when participants made retrospective decisions about whether they had experienced a TOT before they retrieved the correct target. Valence of emotion was correlated with correct resolution of the TOT. These results are discussed in the context of a metacognitive model, in which TOTs serve to monitor and control cognition.     

社会价值取向和反馈方式对公共物品困境中决策行为的影响

本研究通过模拟投资实验和问卷来探讨重复型公共物品困境中社会价值取向（SVO）与信息反馈方式对决策行为的影响。结果表明：(1)合作型SVO的个体比非合作型个体表现出更多的合作行为;(2)SVO与信息反馈方式的交互作用岁实验轮次越来越显著,非合作型的个体会受信息反馈方式的影响,而合作型个体则不易受反馈方式的影响;(3)与无反馈的条件相比,集体反馈倾向于促进个体的合作行为,个体反馈倾向于抑制合作行为,但反馈所造成的适应性改变使情况更为复杂。     

Delay discounting by pathological gamblers

Discounting of delayed rewards by pathological gamblers was compared to discounting of delayed rewards by matched control nongambling participants. All participants completed a hypothetical choice task in which they made repeated choices between dollars 1,000 available after a delay and an equal or lesser amount of money available immediately. The delay to the large amount of money was varied from 1 week to 10 years across conditions. Indifference points between immediate money and delayed money were identified at each delay condition by varying the amount of immediate money across choice trials. For the majority of participants, indifference points decreased monotonically across delays. Overall, gamblers discounted the delayed rewards more steeply than did control participants.     

What is a face worth? Facial attractiveness biases experience-based monetary decision-making

There is ample evidence that attractive individuals, across diverse domains, are judged more favourably. But most research has focused on single/one-shot decisions, where decision-makers receive no feedback following their decisions, and outcomes of their judgements are inconsequential to the self. Would attractive individuals still be judged favourably in experience-based decision-making where people make iterative decisions and receive consequential feedback (money gained/lost) following each decision? To investigate this question, participants viewed headshots of four financial partners presented side-by-side and repeatedly (over 50–100 trials) selected partners that would help maximize their profits. Following every partner-selection, participants received feedback about the net monetary gains/losses the partner had conferred. Unbeknownst to participants, two partners (one attractive, one unattractive) were equally advantageous (conferred net-gains overtime) and two partners (one attractive and one unattractive) were equally disadvantageous (conferred net-losses overtime). Even though attractive and unattractive partners were equally profitable and despite receiving feedback, participants selected attractive partners more throughout the task were quicker to reselect them even when they conferred losses and judged them as more helpful. Indeed, attractive-disadvantageous partners were preferred to the same extent (or more) as unattractive-advantageous partners. Importantly, the effect of attractiveness on decision-making was fully explained by the perceived trustworthiness of the financial partners.     

Neural correlates of adaptive decision making for risky gains and losses

Do decisions about potential gains and potential losses require different neural structures for advantageous choices? In a lesion study, we used a new measure of adaptive decision making under risk to examine whether damage to neural structures subserving emotion affects an individual's ability to make adaptive decisions differentially for gains and losses. We found that individuals with lesions to the amygdala, an area responsible for processing emotional responses, displayed impaired decision making when considering potential gains, but not when considering potential losses. In contrast, patients with damage to the ventromedial prefrontal cortex, an area responsible for integrating cognitive and emotional information, showed deficits in both domains. We argue that this dissociation provides evidence that adaptive decision making for risks involving potential losses may be more difficult to disrupt than adaptive decision making for risks involving potential gains. This research further demonstrates the role of emotion in decision competence.     

权力不稳定性对权力效应的逆转作用

摘 要 基于权力的趋近-抑制理论，本研究探讨权力不稳定性对权力效应产生逆转作用以及权力动机对这一逆转作用的影响。实验采用角色扮演法和真实任务角色来操纵被试的权力水平和权力不稳定性，以赌博任务中的冒险行为和金钱分配任务中的趋利行为来测量被试的权力趋近/抑制效应。结果发现：权力稳定条件下，高权力被试比低权力被试表现出更多的冒险行为和趋利行为；权力不稳定条件下则相反，低权力被试比高权力被试表现出更多的冒险行为和趋利行为。权力不稳定条件下高权力动机的高权力者相比低权力动机的高权力者倾向给自己分配更少的金额数，表现出更为明显的抑制倾向；而高权力动机的低权力者相比低权力动机的低权力者倾向于提出更高要求的金额数，表现出更为明显的趋近倾向。该研究证实了权力不稳定性对权力效应的逆转作用，而权力动机对这一逆转作用起到增强趋势。     

When time is money: The effect of hourly payment on the evaluation of time

Empirical research shows decisions about time are often made differently than decisions about money, belying the oft-quoted maxim that “time is money”. However, there are organizational practices such as payment on the basis of time that can make the equivalence of time and money salient and are associated with an economic evaluation of time. Study 1 showed that people paid by the hour applied mental accounting rules to time that are typically only applied to money. Using data from a nationally representative survey, Study 2 documented that people paid by the hour weighed economic returns more strongly in making tradeoffs between time and money. Study 3 showed that participants’ prior exposure to hourly payment was associated with a greater willingness to trade more time for money and that participants randomly assigned to calculate their hourly wage rate expressed greater willingness to trade more time for money. The interaction of prior experience with whether or not participants calculated an hourly wage in predicting participants’ willingness to trade more time for money was fully mediated by the salience of economic criteria in participants’ decision-making.     

Positive Illusions and Forecasting Errors in Mutual Fund Investment Decisions

This study examines the portfolio allocation decisions of 80 business students in a computer-based investing simulation. Our goal was to better understand why investors spend so much time and money on actively managed mutual funds despite the fact that the vast majority of these funds are outperformed by pas sively managed index funds. Participants' judgments and decisions provided evidence for a number of biases. First, most participants consistently overestimated both the future perfor mance and the past performance of their investments. Second, participants overestimated the intertemporal consistency of portfolio performance. Third, participants were more likely to shift their portfolio allocation following poorer performance than following better performance, and this tendency had a negative impact on portfolio returns. We speculate that these biases in investor behavior may contribute to suboptimal investment decisions in real financial markets.     

Frontal and striatal brain lesions increase susceptibility to masking in perceptual decisions

Recent data suggest that perceptual decisions on masked stimuli involve neural activity in frontal cortex. We examined the effect of damage to frontal and striatal brain regions in man on the susceptibility to backward masking in rapid stimulus streams. Patients with unilateral frontal excisions and patients with early Huntington's disease were compared to controls in the identification of a brief white letter embedded in short streams of black letters at two presentation rates: (a) 9 letters/s; (b) 12.5 letters/s and also in a control condition in which the first post-target masking letter was absent. Patients could identify the target when the post-target mask was absent, but reducing the delay between stimuli significantly increased the error rates in patients. Intrusion errors often involved reporting post-target or pre-target distractors instead of the target. These results suggest that fronto-striatal lesions increase the period during which perceptual decisions are susceptible to perturbation. This deficit is compatible with a functional role of frontal systems in the cognitive control of brief perceptual decisions.     

When success breeds failure: history,hysteresis, and delayed exit decisions

The effects of feedback equivocality, information availability, and prior decision-making history on escalation and persistence were investigated. Replicating the findings of J.L. Bragger, D.H. Bragger, D.A. Hantula, and J.P. Kirnan (1998), this study found that participants receiving equivocal feedback on their decisions invested more money and invested across more opportunities; those who could purchase information invested fewer resources than did participants who did not have the opportunity to purchase information. There was an inverse linear relationship between the percentage of opportunities in which participants purchased information and the delay to exit decisions and total resources invested. Six weeks earlier, some participants took part in a more profitable investment scenario, and prior experience led to later increased investing when participants were faced with failure, even above that invested in a preceding, succeeding scenario. These results are consistent with an equivocality theory account of escalation.     

Cultural, social, and emotional determinants of decisions under uncertainty

Two experiments examined the factors that influence Chinese and United States college students’ decisions in both a simulated investment situation and an academic situation. Participants in each experiment were confronted with a choice between (a) an alternative that could have either a very positive outcome or a very negative one and (b) an alternative that was relatively safe. The decision that others had typically made in the situation was also indicated. Participants’ decisions in both experiments were mediated by the emotional reactions they experienced in response to alternative decision outcomes. Others’ decisions had a direct impact on decisions in the investment situation, but their impact in the academic situation was mediated by their influence on participants’ anticipated emotional reactions. Cultural differences in the impact of anticipated feelings and others’ decisions were not evident in the investment situation. However, they were apparent in the academic situation, which was more similar to ones that participants were likely to encounter in daily life.     

Weighing the past and the future in decision making

Prior irreversible investments of money, time, or effort referred to as sunk costs frequently lead to decisions to continue a chosen course of action despite that this is irrational. With the aim of demonstrating that such escalation of commitment is a special case of a more general phenomenon, two experiments were carried out employing undergraduates as participants. Experiment 1 showed for fictitious personal and business investment scenarios that both prior losses and gains (sunk outcomes) affected choices to continue or discontinue the investment. In Experiment 2 the effect of sunk outcomes was reduced although not eliminated by a monetary bonus that in one condition depended on the future outcomes of the second gamble in two-stage gambles, in another condition on the future returns in personal investment scenarios. In support of a more inclusive theory subsuming escalation of commitment, the decisions were affected by both past and future outcomes and both gains and losses.     

Decision-making quality of younger and older adults in familiar and unfamiliar domains

Age-related differences in purchasing decisions were examined as a function of age and familiarity. On each trial, participants received purchasing options which varied in quality but ultimately cost the same amount of money. On half the trials, participants made decisions about items familiar to younger adults and on the other half of the trials, participants made decisions about products familiar to older adults. The participants’ task was to choose the option that provided the best value for the money. We were particularly interested in participants’ performance when inferencing was required to select the optimal option from the two choices. Younger adults outperformed older adults in unfamiliar but not familiar domains. It appeared that both younger and older adults used inferencing and elaborative processing to make the best decision in familiar domains but that only younger adults used inferencing and elaborative processing in unfamiliar domains.     

Positive feelings facilitate working memory and complex decision making among older adults

The impact of induced mild positive feelings on working memory and complex decision making among older adults (aged 63–85) was examined. Participants completed a computer administered card task in which participants could win money if they chose from “gain” decks and lose money if they chose from “loss” decks. Individuals in the positive-feeling condition chose better than neutral-feeling participants and earned more money overall. Participants in the positive-feeling condition also demonstrated improved working-memory capacity. These effects of positive-feeling induction have implications for affect theory, as well as, potentially, practical implications for people of all ages dealing with complex decisions.     

情绪体验影响估算策略运用的认知与脑机制

揭示情绪体验影响个体完成各种认知任务的认知神经机制是研究者关注的热点问题。以往研究主要采用问卷法和行为实验, 集中考察了焦虑对估算策略运用的影响, 但这种影响潜在的脑机制尚不清楚, 对焦虑以外的情绪体验与估算策略运用之间关系的研究也极其缺乏, 而情绪调节对估算策略运用影响方面的研究基本处于空白。本研究将采用面孔表情图片作为情绪刺激材料, 结合事件相关电位(event related potential, ERP)技术, 采用启动范式, 尝试从外显和内隐两个角度, 考察不同效价的情绪体验在估算策略运用过程中所起的作用, 进而揭示情绪调节影响估算策略执行的时间动态特征和大脑激活模式。这将有助于充分认识情绪体验影响估算策略运用的认知与脑机制, 为更好的优化估算策略运用效果提供实证依据。     

Emotions in word and face processing: Early and late cortical responses

Recent research suggests that emotion effects in word processing resemble those in other stimulus domains such as pictures or faces. The present study aims to provide more direct evidence for this notion by comparing emotion effects in word and face processing in a within-subject design. Event-related brain potentials (ERPs) were recorded as participants made decisions on the lexicality of emotionally positive, negative, and neutral German verbs or pseudowords, and on the integrity of intact happy, angry, and neutral faces or slightly distorted faces. Relative to neutral and negative stimuli both positive verbs and happy faces elicited posterior ERP negativities that were indistinguishable in scalp distribution and resembled the early posterior negativities reported by others. Importantly, these ERP modulations appeared at very different latencies. Therefore, it appears that similar brain systems reflect the decoding of both biological and symbolic emotional signals of positive valence, differing mainly in the speed of meaning access, which is more direct and faster for facial expressions than for words.     

Simulated thought insertion: Influencing the sense of agency using deception and magic

In order to study the feeling of control over decisions, we told 60 participants that a neuroimaging machine could read and influence their thoughts. While inside a mock brain scanner, participants chose arbitrary numbers in two similar tasks. In the Mind-Reading Task, the scanner appeared to guess the participants’ numbers; in the Mind-Influencing Task, it appeared to influence their choice of numbers. We predicted that participants would feel less voluntary control over their decisions when they believed that the scanner was influencing their choices. As predicted, participants felt less control and made slower decisions in the Mind-Influencing Task compared to the Mind-Reading Task. A second study replicated these findings. Participants’ experience of the ostensible influence varied, with some reporting an unknown source directing them towards specific numbers. This simulated thought insertion paradigm can therefore influence feelings of voluntary control and may help model symptoms of mental disorders.