Differential Effects of Mood on Risky Choice Versus Advice

We investigated the effects of positive mood on risky choice versus advice. We found that people in happy mood are more likely to give a risky advice but less likely to make a risky decision for themselves than those in neutral mood. However, this effect was context-dependent.

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Bibliographic Details
Main Authors: YANG, Hwajin, LUAN, Shenghua, YANG, S.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2009
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Online Access:https://ink.library.smu.edu.sg/soss_research/703
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Institution: Singapore Management University
Language: English
Description
Summary:We investigated the effects of positive mood on risky choice versus advice. We found that people in happy mood are more likely to give a risky advice but less likely to make a risky decision for themselves than those in neutral mood. However, this effect was context-dependent.