Thoughtful Days and Valenced Nights: How Much Will You Think About the Problem?
AbstractResearch investigating risk preference has pointed towards motivation and ability as important factors for determining the strength and likelihood of the framing effect. In the current study we explored the influence of individual differences in motivation and ability through circadian rhythm. We predicted that during circadian off-times participants would exhibit stronger framing effects whereas framing effects would be relatively weaker during on-times. Six-hundred and eighty five individuals took part in the study; the findings supported our hypothesis, revealing a diurnal pattern of risk responding that varies across the 24-hour circadian cycle. Key Words:
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Bibliographic InfoPaper provided by Department of Economics, Appalachian State University in its series Working Papers with number 10-06.
Date of creation: 2010
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Web page: http://www.business.appstate.edu/departments/economics/
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Other versions of this item:
- Todd McElroy & David L. Dickinson, 2010. "Thoughtful days and valenced nights: How much will you think about the problem?," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 5(7), pages 516-523, December.
- NEP-ALL-2010-04-11 (All new papers)
- NEP-EXP-2010-04-11 (Experimental Economics)
- NEP-NEU-2010-04-11 (Neuroeconomics)
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