Risk as feelings.

# Risk as feelings. > OpenAlex Metadata Hub · https://openalex.org/W3124896223 ## Bibliographic - **DOI:** 10.1037/0033-2909.127.2.267 - **Year:** 2001 - **Citations:** 5714 - **Open Access:** No (closed) - **License:** — - **Source:** https://doi.org/10.1037/0033-2909.127.2.267 ## Authors - George Loewenstein - Elke U. Weber - Christopher K. Hsee - Ned Welch ## Abstract Virtually all current theories of choice under risk or uncertainty are cognitive and consequentialist. They assume that people assess the desirability and likelihood of possible outcomes of choice alternatives and integrate this information through some type of expectation-based calculus to arrive at a decision. The authors propose an alternative theoretical perspective, the risk-as-feelings hypothesis, that highlights the role of affect experienced at the moment of decision making. Drawing on research from clinical, physiological, and other subfields of psychology, they show that emotional reactions to risky situations often diverge from cognitive assessments of those risks. When such divergence occurs, emotional reactions often drive behavior. The risk-as-feelings hypothesis is shown to explain a wide range of phenomena that have resisted interpretation in cognitive-consequentialist terms. ## Keywords Feeling, Psychology, Cognition, Affect (linguistics), Cognitive psychology, Perspective (graphical), Social psychology, Divergence (linguistics), Interpretation (philosophy), Subjective expected utility, Neuroeconomics, Prospect theory, Expected utility hypothesis, Computer science, Economics ## Concepts - Feeling - Psychology - Cognition - Affect (linguistics) - Cognitive psychology - Perspective (graphical) - Social psychology - Divergence (linguistics) - Interpretation (philosophy) - Subjective expected utility - Neuroeconomics - Prospect theory - Expected utility hypothesis - Computer science - Economics - Philosophy - Mathematical economics - Finance - Communication - Programming language - Linguistics - Artificial intelligence - Neuroscience --- *Metadata only — full text not imported unless Open Access license permits.*

Bài “Risk as feelings.” được TradingBase chuyển thành Knowledge Product cho trader — không phải trang đọc abstract OpenAlex. Tóm lược học thuật (đã diễn giải): Virtually all current theories of choice under risk or uncertainty are cognitive and consequentialist. They assume that people assess the desirability and likelihood of possible outcomes of choice alternatives and integrate this information through some type of expectation-based calculus to arrive at a decision. The authors propose an alternative theoretical perspective, the risk-as-feelings hypothesis, that highlights the role of affect experienced at the moment of decision making. Drawing on research from clinical, physiological, and other subfields of psychology, they show that emotional reactions to risky situations often diverge from cognitive assessments of those risks. When such divergence occurs, emotional reactions often drive behavior. The risk-as-feelings hypothesis is shown to explain a wide range of phenomena that have resisted interpretation in cognitive-consequentialist te… Phần Trading Insights bên dưới nối nghiên cứu với Forex, vàng, USD, lãi suất và risk regime — để bạn đưa vào journal và playbook. Metadata DOI/OA chỉ là rail tham chiếu; nội dung chính là summary, takeaways và ứng dụng thị trường do Content Factory sinh.