Negative Affect Increases Risk-Aversion During Investment Decisions
Time and Location
Poster Session II - Board: II-052
Friday May 23, 2008, 8:00 AM - 9:00 AM
Previous research indicates that negative affect promotes pessimistic judgments and choices. However, the specific mechanisms of how affect influences financial decisions are still not well understood. Using self-report measures of negative affect and a financial investment task, our study found that negative affect was associated with risk-aversion during investment choices.