THE ROLE OF REGRET IN RATIONAL DECISION MAKING

• Authors: Jurasova Kinga , Spajdel Marian
• Languages of publication: EN

Abstracts

EN

Rational decision making can be defined as a tendency to make a normative decision, while incorporating post-choice predicted emotions into the decision making process. The study investigates the role of anticipated and experienced regret in rational decision making as well as the role of 'passing time' in regret reduction. It was found that rational decision makers anticipate regret during the decision making process, but they are not good at correctly predicting regret intensity, in comparison with non-rational decision makers. According to the obtained results it can be stated that regret emerges from the single act of decision making and not from the type of inference which precedes the choice. 'Passing time' however decreases the intensity of regret.

Keywords

EN

ANTICIPATED REGRET; DECISION MAKING; EXPERIENCED REGRET; RATIONAL DECISION MAKING; REGRET REDUCTION

Discipline

• PSYCHOLOGY: PSYCHOLOGY

• Publisher: Institute of Experimental Psychology, Slovak Academy of Sciences
• Journal: Studia Psychologica
• Year: 2011
• Volume: 53
• Issue: 2
• Pages: 169-174
• Document type: ARTICLE

Contributors

author

Jurasova Kinga

author

Spajdel Marian

• Kinga Jurasova, Filozoficka fakulta Trnavskej university, Hornopotocna 23, 918 43 Trnava, Slovak Republic

Identifiers

CEJSH db identifier

11SKAAAA096923