The Effects of Action, Normality, and Decision Carefulness on Anticipated Regret: Evidence for a Broad Mediating Role of Decision Justifiability

• Main Authors: REB, Jochen, CONNOLLY, Terry
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2007
• Subjects: Anticipated Regret; Decision Making; Decision Process Carefulness; Justifiability; Normality; Regret Aversion; Business; Organizational Behavior and Theory
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/497; https://ink.library.smu.edu.sg/context/lkcsb_research/article/1496/viewcontent/PercDecJustAntRegret_WP2007.pdf
• Institution: Singapore Management University

In three studies we examined the effects of action/inaction, social normality (i.e., how typical the decision is in one’s social environment) and decision process carefulness on anticipated regret. Whereas past research has drawn on norm theory (Kahneman & Miller, 1986) to emphasize the role of...