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Emotions and Their Implication in Decision Making

Author

Listed:
  • Marinela RUSU

    (Scientific Researcher Ph.D., “Gh. Zane” Institute, Iași,)

Abstract

Popular theories abound when it comes to discussion on the role of emotions in decision making. Traditionally, affective register is characterized as opposed to the rational one, in management efficiency. This paper examines the possible connections between affective experience and efficiency in decision making. Contrary to popular belief, that generally, emotions affects in a negative way decision-making, from experiments it was found that individuals who have experienced stronger feelings and emotions have reached a higher level of performance in their work. Moreover, individuals who were able to better identify differences between their own emotional states, have reached a higher level of efficiency in decision making, via their ability to control the potential causes that induced those feelings. Experiments also suggest that individuals may induce feelings of different kinds of preferences in making decisions that will divert their decisions in a clear manner. From this perspective, emotions and feelings can be a diminution factor in decision-making efficiency.

Suggested Citation

  • Marinela RUSU, 2011. "Emotions and Their Implication in Decision Making," Anuarul Universitatii „Petre Andrei” din Iasi / Year-Book „Petre Andrei” University from Iasi, Fascicula: Asistenta Sociala, Sociologie, Psihologie / Fascicle: Social Work, Sociology, Psychology, Editura Lumen, Department of Economics, vol. 0(7), pages 327-342, December.
    • Handle: RePEc:lum:rev12a:v::y:2011:i:7:p:327-342
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    Keywords

    personal efficiency; role of emotion; decision-making; preferences;
    All these keywords.

    JEL classification:

    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate

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