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Thoughtful days and valenced nights: How much will you think about the problem?

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  • Todd McElroy
  • David L. Dickinson

Abstract

Considerable research has pointed towards processing differences as a viable means for understanding the strength and likelihood of a framing effect. In the current study we explored how differences in processing may emerge through diurnal patters in circadian rhythm, which varies across individuals. 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.

Suggested Citation

  • 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.
  • Handle: RePEc:jdm:journl:v:5:y:2010:i:7:p:516-523
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    References listed on IDEAS

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    1. Oechssler, Jörg & Roider, Andreas & Schmitz, Patrick W., 2009. "Cognitive abilities and behavioral biases," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 147-152, October.
    2. Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-291, March.
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    Cited by:

    1. Marco Castillo & David L. Dickinson & Ragan Petrie, 2017. "Sleepiness, choice consistency, and risk preferences," Theory and Decision, Springer, vol. 82(1), pages 41-73, January.
    2. Mehdi Hossain & Ritesh Saini, 2014. "Suckers in the morning, skeptics in the evening: Time-of-Day effects on consumers’ vigilance against manipulation," Marketing Letters, Springer, vol. 25(2), pages 109-121, June.
    3. repec:eee:eecrev:v:97:y:2017:i:c:p:57-71 is not listed on IDEAS

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