Happy and in Charge: How Moods Affect the Illusion of Control

Nausheen Niaz, Catrine Jacobsen, Clara Zeller, Jeffrey Lins , Thomas Z. Ramsøy

Publikation: Bidrag til tidsskriftKonferenceabstrakt i tidsskrift

Abstrakt

Key findings from decision neuroscience question the basis of the rational decision-maker and show that far from all aspects influencing decision-making are controllable in the sense of being shaped or guided though conscious deliberation. So where does this illusion of control come from and what influences it? In this paper, we investigate the correlation between affective states, risk taking and the illusion of control, trying to understand how emotions and mood affect risk taking behavior and decision-making through a stock trading study. We find that moods have a dynamic relationship to the experience and illusion of control
OriginalsprogEngelsk
TidsskriftNeuroPsychoEconomics Conference Proceedings
Vol/bind10
Sider (fra-til)47
ISSN1861-8243
StatusUdgivet - 2014
BegivenhedThe 2014 NeuroPsychoEconomics Conference - Ludwig Maximilian University, München, Tyskland
Varighed: 29 maj 201430 maj 2014
Konferencens nummer: 10
http://www.jnpe.org/front_content.php?idart=57

Konference

KonferenceThe 2014 NeuroPsychoEconomics Conference
Nummer10
LokationLudwig Maximilian University
LandTyskland
ByMünchen
Periode29/05/201430/05/2014
Internetadresse

Citationsformater

Niaz, N., Jacobsen, C., Zeller, C., Lins , J., & Ramsøy, T. Z. (2014). Happy and in Charge: How Moods Affect the Illusion of Control. NeuroPsychoEconomics Conference Proceedings, 10, 47.