Past and future regret and missed opportunities: an experimental approach on separate evaluation and different time frames

Abstract Decisions often imply trade-offs that force people to accept missing an opportunity in the past or in the future. However, it is not fully clear whether a past miss or a future miss elicits more regret. In a direct comparison, previous research had found support for the greater impact of fu...

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Main Authors: Luisa Papé, Luis F. Martinez
Format: Article
Language:English
Published: SpringerOpen 2017-09-01
Series:Psicologia: Reflexão e Crítica
Subjects:
Online Access:http://link.springer.com/article/10.1186/s41155-017-0074-8
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author Luisa Papé
Luis F. Martinez
author_facet Luisa Papé
Luis F. Martinez
author_sort Luisa Papé
collection DOAJ
description Abstract Decisions often imply trade-offs that force people to accept missing an opportunity in the past or in the future. However, it is not fully clear whether a past miss or a future miss elicits more regret. In a direct comparison, previous research had found support for the greater impact of future misses. In an experimental study with 216 participants, we replicated and extended previous research by testing the strength of the future miss in a separate evaluation and with different periods. Results show that, when evaluated separately, future misses caused less regret than past misses. However, future misses made participants change their feelings of regret more intensely than past misses did. Also, regret levels did not decrease when future misses were further away. Our findings support the strength of future misses on regret but also show contrasting effects when evaluated separately.
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spelling doaj.art-ca1d1eaf7af04c4c823e6b26ace56d732022-12-22T01:22:32ZengSpringerOpenPsicologia: Reflexão e Crítica1678-71532017-09-013011910.1186/s41155-017-0074-8S0102-79722017000105106Past and future regret and missed opportunities: an experimental approach on separate evaluation and different time framesLuisa Papé0Luis F. Martinez1Nova School of Business and Economics, Universidade Nova de LisboaNova School of Business and Economics, Universidade Nova de LisboaAbstract Decisions often imply trade-offs that force people to accept missing an opportunity in the past or in the future. However, it is not fully clear whether a past miss or a future miss elicits more regret. In a direct comparison, previous research had found support for the greater impact of future misses. In an experimental study with 216 participants, we replicated and extended previous research by testing the strength of the future miss in a separate evaluation and with different periods. Results show that, when evaluated separately, future misses caused less regret than past misses. However, future misses made participants change their feelings of regret more intensely than past misses did. Also, regret levels did not decrease when future misses were further away. Our findings support the strength of future misses on regret but also show contrasting effects when evaluated separately.http://link.springer.com/article/10.1186/s41155-017-0074-8RegretDecision-makingPast opportunityFuture opportunityEmotion
spellingShingle Luisa Papé
Luis F. Martinez
Past and future regret and missed opportunities: an experimental approach on separate evaluation and different time frames
Psicologia: Reflexão e Crítica
Regret
Decision-making
Past opportunity
Future opportunity
Emotion
title Past and future regret and missed opportunities: an experimental approach on separate evaluation and different time frames
title_full Past and future regret and missed opportunities: an experimental approach on separate evaluation and different time frames
title_fullStr Past and future regret and missed opportunities: an experimental approach on separate evaluation and different time frames
title_full_unstemmed Past and future regret and missed opportunities: an experimental approach on separate evaluation and different time frames
title_short Past and future regret and missed opportunities: an experimental approach on separate evaluation and different time frames
title_sort past and future regret and missed opportunities an experimental approach on separate evaluation and different time frames
topic Regret
Decision-making
Past opportunity
Future opportunity
Emotion
url http://link.springer.com/article/10.1186/s41155-017-0074-8
work_keys_str_mv AT luisapape pastandfutureregretandmissedopportunitiesanexperimentalapproachonseparateevaluationanddifferenttimeframes
AT luisfmartinez pastandfutureregretandmissedopportunitiesanexperimentalapproachonseparateevaluationanddifferenttimeframes