The impact of mood and emotion on risk preference

Chien Sheng Chan; Terence R. Mitchell; Erica Okada

doi:10.5465/ambpp.2007.26506647

The impact of mood and emotion on risk preference

Chien Sheng Chan
, Terence R. Mitchell
, Erica Okada

Dean's Office, College of Business

Stony Brook University

University of Washington

Research output: Contribution to journal › Conference article › peer-review

2 Scopus citations

Abstract

We propose to use affect research to enrich the dominant descriptive model of risk preference, prospect theory (Kahneman, & Tversky, 1979). We will pursue a discussion of 1) the mood's direct impact on probabilities, 2) the contrast effect between mood and anticipated emotion on perceived values, and 3) combined impacts. Finally, we will discuss the managerial implications of this theory.

Original language	English
Journal	Academy of Management Annual Meeting Proceedings
DOIs	https://doi.org/10.5465/ambpp.2007.26506647
State	Published - 2007
Event	67th Annual Meeting of the Academy of Management, AOM 2007 - Philadelphia, PA, United States Duration: Aug 3 2007 → Aug 8 2007

Keywords

Mood /Emotion
Prospect theory
Risk preference

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10.5465/ambpp.2007.26506647

Cite this

@article{c31851d2e7be4283986fb1059078d5f0,

title = "The impact of mood and emotion on risk preference",

abstract = "We propose to use affect research to enrich the dominant descriptive model of risk preference, prospect theory (Kahneman, \& Tversky, 1979). We will pursue a discussion of 1) the mood's direct impact on probabilities, 2) the contrast effect between mood and anticipated emotion on perceived values, and 3) combined impacts. Finally, we will discuss the managerial implications of this theory.",

keywords = "Mood /Emotion, Prospect theory, Risk preference",

author = "Chan, \{Chien Sheng\} and Mitchell, \{Terence R.\} and Erica Okada",

year = "2007",

doi = "10.5465/ambpp.2007.26506647",

language = "English",

journal = "Academy of Management Annual Meeting Proceedings",

issn = "0065-0668",

publisher = "Academy of Management",

note = "67th Annual Meeting of the Academy of Management, AOM 2007 ; Conference date: 03-08-2007 Through 08-08-2007",

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TY - JOUR

T1 - The impact of mood and emotion on risk preference

AU - Chan, Chien Sheng

AU - Mitchell, Terence R.

AU - Okada, Erica

PY - 2007

Y1 - 2007

N2 - We propose to use affect research to enrich the dominant descriptive model of risk preference, prospect theory (Kahneman, & Tversky, 1979). We will pursue a discussion of 1) the mood's direct impact on probabilities, 2) the contrast effect between mood and anticipated emotion on perceived values, and 3) combined impacts. Finally, we will discuss the managerial implications of this theory.

AB - We propose to use affect research to enrich the dominant descriptive model of risk preference, prospect theory (Kahneman, & Tversky, 1979). We will pursue a discussion of 1) the mood's direct impact on probabilities, 2) the contrast effect between mood and anticipated emotion on perceived values, and 3) combined impacts. Finally, we will discuss the managerial implications of this theory.

KW - Mood /Emotion

KW - Prospect theory

KW - Risk preference

UR - https://www.scopus.com/pages/publications/85207420208

U2 - 10.5465/ambpp.2007.26506647

DO - 10.5465/ambpp.2007.26506647

M3 - Conference article

SN - 0065-0668

JO - Academy of Management Annual Meeting Proceedings

JF - Academy of Management Annual Meeting Proceedings

T2 - 67th Annual Meeting of the Academy of Management, AOM 2007

Y2 - 3 August 2007 through 8 August 2007

ER -

The impact of mood and emotion on risk preference

Abstract

Keywords

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