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Fear shapes information acquisition in decisions from experience

Frey, R. and Hertwig, R. and Rieskamp, J.. (2014) Fear shapes information acquisition in decisions from experience. Cognition, Vol. 132, H. 1. S. 90-99.

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Official URL: http://edoc.unibas.ch/dok/A6338951

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Abstract

Before making decisions, people often need to explore their environment to learn about initially uncertain outcomes. To date, it remains unknown to what extent a person's emotional state shapes exploration in such decisions from experience. It has been suggested that fear regulates people's informational interface with the external world through its physiological expression (e.g., a more effective sampling of the visual field from widened eyes). We investigated whether-as suggested by appraisal tendency theories of emotions-the "emotional feeling" of fear triggers analogous changes in exploration, in terms of increased information sampling in decisions from experience. In two studies, one with naturally occurring emotional states and one with induced emotional states, we found that fearful (relative to happy) people sampled substantially more information before making a final choice. These different degrees of exploration influenced the experience of rarity and, in turn, final choices. We discuss the extent to which increased information acquisition is adaptive. (C) 2014 Elsevier B.V. All rights reserved.
Faculties and Departments:07 Faculty of Psychology > Departement Psychologie > Ehemalige Einheiten Psychologie > Cognitive and Decision Sciences (Hertwig)
07 Faculty of Psychology > Departement Psychologie > Forschungsbereich Sozial-, Wirtschafts- und Entscheidungspsychologie > Economic Psychology (Rieskamp)
UniBasel Contributors:Rieskamp, Jörg and Frey, Renato
Item Type:Article, refereed
Bibsysno:Link to catalogue
Publisher:Elsevier
ISSN:0010-0277
Note:Publication type according to Uni Basel Research Database: Journal article
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Last Modified:10 Apr 2015 09:13
Deposited On:06 Feb 2015 09:59

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