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Regret and Responsibility in the Evaluation of Decision Outcomes

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  • Connolly, Terry
  • Ordonatez, Lisa D.
  • Coughlan, Richard
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    File URL: http://www.sciencedirect.com/science/article/B6WP2-45KKV4Y-1F/2/712a5ac7add605265f2fdff6a5dd0f90
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    Bibliographic Info

    Article provided by Elsevier in its journal Organizational Behavior and Human Decision Processes.

    Volume (Year): 70 (1997)
    Issue (Month): 1 (April)
    Pages: 73-85

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    Handle: RePEc:eee:jobhdp:v:70:y:1997:i:1:p:73-85

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    1. Samuelson, William & Zeckhauser, Richard, 1988. " Status Quo Bias in Decision Making," Journal of Risk and Uncertainty, Springer, vol. 1(1), pages 7-59, March.
    2. Schweitzer, Maurice, 1994. "Disentangling Status Quo and Omission Effects: An Experimental Analysis," Organizational Behavior and Human Decision Processes, Elsevier, vol. 58(3), pages 457-476, June.
    3. Baron, Jonathan & Ritov, Ilana, 1994. "Reference Points and Omission Bias," Organizational Behavior and Human Decision Processes, Elsevier, vol. 59(3), pages 475-498, September.
    4. Loomes, Graham & Sugden, Robert, 1987. "Testing for Regret and Disappointment in Choice under Uncertainty," Economic Journal, Royal Economic Society, vol. 97(388a), pages 118-29, Supplemen.
    5. Loomes, Graham & Sugden, Robert, 1983. "Regret theory and measurable utility," Economics Letters, Elsevier, vol. 12(1), pages 19-21.
    6. David E. Bell, 1985. "Reply---Putting a Premium on Regret," Management Science, INFORMS, vol. 31(1), pages 117-122, January.
    7. Ritov, Ilana & Baron, Jonathan, 1992. " Status-Quo and Omission Biases," Journal of Risk and Uncertainty, Springer, vol. 5(1), pages 49-61, February.
    8. David E. Bell, 1983. "Risk Premiums for Decision Regret," Management Science, INFORMS, vol. 29(10), pages 1156-1166, October.
    9. Loomes, Graham & Sugden, Robert, 1982. "Regret Theory: An Alternative Theory of Rational Choice under Uncertainty," Economic Journal, Royal Economic Society, vol. 92(368), pages 805-24, December.
    10. Simonson, Itamar, 1992. " The Influence of Anticipating Regret and Responsibility on Purchase Decisions," Journal of Consumer Research, University of Chicago Press, vol. 19(1), pages 105-18, June.
    11. Ritov, Ilana & Baron, Jonathan, 1995. "Outcome Knowledge, Regret, and Omission Bias," Organizational Behavior and Human Decision Processes, Elsevier, vol. 64(2), pages 119-127, November.
    12. Zeelenberg, Marcel & Beattie, Jane & van der Pligt, Joop & de Vries, Nanne K., 1996. "Consequences of Regret Aversion: Effects of Expected Feedback on Risky Decision Making," Organizational Behavior and Human Decision Processes, Elsevier, vol. 65(2), pages 148-158, February.
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    Cited by:
    1. Koehler, Jonathan J. & Gershoff, Andrew D., 2003. "Betrayal aversion: When agents of protection become agents of harm," Organizational Behavior and Human Decision Processes, Elsevier, vol. 90(2), pages 244-261, March.
    2. Delacroix, Eva, 2003. "Le regret chez le consommateur : un état de l’art," Economics Papers from University Paris Dauphine 123456789/4260, Paris Dauphine University.
    3. Feldman, Julie & Miyamoto, John & Loftus, Elizabeth F., 1999. "Are Actions Regretted More Than Inactions?, , , , ," Organizational Behavior and Human Decision Processes, Elsevier, vol. 78(3), pages 232-255, June.
    4. Terry Connolly & David Butler, 2002. "Searching for the "Regret" in "Regret Theory"," Economics Discussion / Working Papers 02-04, The University of Western Australia, Department of Economics.
    5. Connolly, Terry & Reb, Jochen, 2003. "Omission bias in vaccination decisions: Where's the "omission"? Where's the "bias"?," Organizational Behavior and Human Decision Processes, Elsevier, vol. 91(2), pages 186-202, July.
    6. Reb, Jochen, 2008. "Regret aversion and decision process quality: Effects of regret salience on decision process carefulness," Organizational Behavior and Human Decision Processes, Elsevier, vol. 105(2), pages 169-182, March.
    7. Giorgetta, Cinzia & Zeelenberg, Marcel & Ferlazzo, Fabio & D’Olimpio, Francesca, 2012. "Cultural variation in the role of responsibility in regret and disappointment: The Italian case," Journal of Economic Psychology, Elsevier, vol. 33(4), pages 726-737.
    8. Florack, Arnd & Keller, Johannes & Palcu, Johanna, 2013. "Regulatory focus in economic contexts," Journal of Economic Psychology, Elsevier, vol. 38(C), pages 127-137.
    9. Gül Özerol & Esra Karasakal, 2008. "A Parallel between Regret Theory and Outranking Methods for Multicriteria Decision Making Under Imprecise Information," Theory and Decision, Springer, vol. 65(1), pages 45-70, August.
    10. Brundin, Ethel & Gustavsson, Veronica, 2008. "Escalation of Commitment in Investment Decisions: The Role of Emotions under Uncertainty," CISEG Working Papers Series 3, Centre for Innovation Systems, Entrepreneurship and Growth, Jönköping International Business School.
    11. van Dijk, Eric & Zeelenberg, Marcel, 2005. "On the psychology of `if only': Regret and the comparison between factual and counterfactual outcomes," Organizational Behavior and Human Decision Processes, Elsevier, vol. 97(2), pages 152-160, July.
    12. Giorgio Coricelli, 2002. "Sequence Matters: an Experimental Study of the Effects of Experiencing Positive and Negative Reciprocity," Department of Economics University of Siena 369, Department of Economics, University of Siena.

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