Once bitten, twice shy: experienced regret and non-adaptive choice switching

When a good decision leads to a bad outcome, the experience of regret can bias subsequent choices: people are less likely to select the regret-producing alternative a second time, even when it is still objectively the best alternative (non-adaptive choice switching). The first study presented herein...

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Main Authors: Francesco Marcatto, Anna Cosulich, Donatella Ferrante
Format: Article
Language:English
Published: PeerJ Inc. 2015-06-01
Series:PeerJ
Subjects:
Online Access:https://peerj.com/articles/1035.pdf
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author Francesco Marcatto
Anna Cosulich
Donatella Ferrante
author_facet Francesco Marcatto
Anna Cosulich
Donatella Ferrante
author_sort Francesco Marcatto
collection DOAJ
description When a good decision leads to a bad outcome, the experience of regret can bias subsequent choices: people are less likely to select the regret-producing alternative a second time, even when it is still objectively the best alternative (non-adaptive choice switching). The first study presented herein showed that nearly half of participants experiencing regret rejected a previous alternative they had recognized as the best one, and chose a non-optimal alternative instead. The second study investigated the mechanism underlying this bias, and results supported the hypothesis that this non-adaptive choice switching is caused by inhibition of the previous decision (direct effect of experienced regret), rather than by increased sensitivity to anticipated regret in subsequent choices (indirect effect of experienced regret mediated by anticipated regret).
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spelling doaj.art-d5749a2fc0454318992e025e8dabcbf62023-12-03T10:34:48ZengPeerJ Inc.PeerJ2167-83592015-06-013e103510.7717/peerj.10351035Once bitten, twice shy: experienced regret and non-adaptive choice switchingFrancesco Marcatto0Anna Cosulich1Donatella Ferrante2Department of Life Sciences, University of Trieste, ItalyDepartment of Life Sciences, University of Trieste, ItalyDepartment of Life Sciences, University of Trieste, ItalyWhen a good decision leads to a bad outcome, the experience of regret can bias subsequent choices: people are less likely to select the regret-producing alternative a second time, even when it is still objectively the best alternative (non-adaptive choice switching). The first study presented herein showed that nearly half of participants experiencing regret rejected a previous alternative they had recognized as the best one, and chose a non-optimal alternative instead. The second study investigated the mechanism underlying this bias, and results supported the hypothesis that this non-adaptive choice switching is caused by inhibition of the previous decision (direct effect of experienced regret), rather than by increased sensitivity to anticipated regret in subsequent choices (indirect effect of experienced regret mediated by anticipated regret).https://peerj.com/articles/1035.pdfRegretDecision-makingChoice switchingDisappointmentDecision bias
spellingShingle Francesco Marcatto
Anna Cosulich
Donatella Ferrante
Once bitten, twice shy: experienced regret and non-adaptive choice switching
PeerJ
Regret
Decision-making
Choice switching
Disappointment
Decision bias
title Once bitten, twice shy: experienced regret and non-adaptive choice switching
title_full Once bitten, twice shy: experienced regret and non-adaptive choice switching
title_fullStr Once bitten, twice shy: experienced regret and non-adaptive choice switching
title_full_unstemmed Once bitten, twice shy: experienced regret and non-adaptive choice switching
title_short Once bitten, twice shy: experienced regret and non-adaptive choice switching
title_sort once bitten twice shy experienced regret and non adaptive choice switching
topic Regret
Decision-making
Choice switching
Disappointment
Decision bias
url https://peerj.com/articles/1035.pdf
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