When curiosity killed regret: Avoiding or seeking the unknown in decision-making under uncertainty

Journal of Experimental Social Psychology

Volumn 43, Issue 4, 2007, Pages 656-662

  van Dijk, Eric ^a   Zeelenberg, Marcel ^b  

^a LEIDEN UNIVERSITY   (Netherlands)

^b TILBURG UNIVERSITY   (Netherlands)

Author keywords

Curiosity; Decision making; Regret

Indexed keywords

EID: 34249686023     PISSN: 00221031     EISSN: 10960465     Source Type: Journal    
DOI: 10.1016/j.jesp.2006.06.004     Document Type: Article

References (31)

1. Brun W., and Teigen K.H. Prediction and postdiction preferences in guessing. Journal of Behavioral Decision Making 3 (1990) 17-28
2. Connolly T., Ordóñez L.D., and Coughlan R. Regret and responsibility in the evaluation of decision outcomes. Organizational Behavior and Human Decision Processes 70 (1997) 73-85
3. Festinger L. A theory of cognitive dissonance (1957), Stanford University Press, Stanford, CA
4. Festinger L. Conflict, decision, and dissonance (1964), Stanford University Press, Stanford, CA
5. Frey D. Recent research on selective exposure to information. Advances in Experimental Social Psychology 19 (1986) 41-80
6. Gilovich T., and Medvec V.H. The temporal pattern to the experience of regret. Journal of Personality and Social Psychology 67 (1994) 357-365
7. Greenberg J., and Eskew D.E. The role of role playing in organizational research. Journal of Management 19 (1993) 221-241
8. Hartig M., and Kanfer F.H. The role of verbal self-instructions in children's resistance to temptation. Journal of Personality and Social Psychology 25 (1973) 259-267
9. Josephs R.A., Larrick R.P., Steele C.M., and Nisbett R.E. Protecting the self from the negative consequences of risky decisions. Journal of Personality and Social Psychology 62 (1992) 26-37
10. Kahneman D., and Tversky A. The psychology of preferences. Scientific American 246 (1982) 160-173
11. Klayman J., and Young-Wong H. Confirmation, disconfirmation and information in hypothesis testing. Psychological Review 94 (1987) 221-228
12. Langer E.J., and Roth J. Head I win, tails it is a chance: the illusion of control as a function of the sequence of outcomes in a purely chance task. Journal of Personality and Social Psychology 32 (1975) 951-955
13. Larrick R.P. Motivational factors in decision theories: the role of self-protection. Psychological Bulletin 113 (1993) 440-450
14. Larrick R.P., and Boles T.L. Avoiding regret in decisions with feedback: a negotiation example. Organizational Behavior and Human Decision Processes 63 (1995) 87-97
15. Loewenstein G. The psychology of curiosity: a review and reinterpretation. Psychological Bulletin 116 (1994) 75-98
16. Menon S., and Soman D. Managing the power of curiosity for effective web advertising strategies. Journal of Advertising 31 (2002) 1-14
17. Morris M.W., Sim D.L.H., and Girotto V. Distinguishing sources of cooperation in the one-round prisoner's dilemma: evidence for cooperative decisions based on the illusion of control. Journal of Experimental Social Psychology 34 (1998) 494-512
18. Northcraft G.B., and Ashford S.J. The preservation of self in everyday life: the effects of performance expectations and feedback context on feedback inquiry. Organizational Behavior and Human Decision Processes 47 (1990) 42-64
19. Ritov I. Probability of regret: anticipation of uncertainty resolution in choice. Organizational Behavior and Human Decision Processes 66 (1996) 228-236
20. Ritov I., and Baron J. Outcome knowledge, regret, and omission bias. Organizational Behavior and Human Decision Processes 64 (1995) 119-127
21. Shafir E. Uncertainty and the difficulty of thinking through disjunctions. Cognition 50 (1994) 403-430
22. Shafir E., and Tversky A. Thinking through uncertainty: nonconsequential reasoning and choice. Cognitive Psychology 24 (1992) 449-474
23. Strikland L.H., Lewicki R.J., and Katz A.M. Temporal orientation and perceived control as determinants of risk-taking. Journal of Experimental Social Psychology 2 (1966) 143-151
24. Tversky A., and Shafir E. The disjunction effect in choice under uncertainty. Psychological Science 3 (1992) 305-309
25. Van Dijk E., and Zeelenberg M. The discounting of ambiguous information in economic decision making. Journal of Behavioral Decision Making 16 (2003) 341-352
26. Wicklund R.A., and Brehm J.W. Perspective on cognitive dissonance (1976), Erlbaum, Hillsdale, NJ
27. Zeelenberg M. Anticipated regret, expected feedback and behavioral decision-making. Journal of Behavioral Decision Making 12 (1999) 93-106
28. Zeelenberg M., and Beattie J. Consequences of regret aversion 2: additional evidence for effects of feedback on decision making. Organizational Behavior and Human Decision Processes 72 (1997) 63-78
29. Zeelenberg M., Beattie J., van der Pligt J., and de Vries N.K. Consequences of regret aversion: effects of expected feedback on risky decision making. Organizational Behavior and Human Decision Processes 65 (1996) 148-158
30. Zeelenberg M., and Pieters R. Consequences of regret aversion in real life: the case of the Dutch Postal Code Lottery. Organizational Behavior and Human Decision Processes 93 (2004) 155-168
31. Zeelenberg M., Van den Bos K., Van Dijk E., and Pieters R.G.M. The inaction effect in the psychology of regret. Journal of Personality and Social Psychology 82 (2002) 314-327