Template-Type: ReDIF-Paper 1.0
Author-Name: de Langhe, B.
Author-Name-Last: de Langhe
Author-Name-First: Bart
Author-Name: Sweldens, S.
Author-Name-Last: Sweldens
Author-Name-First: Steven
Author-Name: van Osselaer, S.M.J.
Author-Name-Last: van Osselaer
Author-Name-First: Stijn
Author-Name: Tuk, M.A.
Author-Name-Last: Tuk
Author-Name-First: Mirjam
Title: The Emotional Information Processing System is Risk Averse: Ego-Depletion and Investment Behavior
Abstract: Two experiments show that a shortage of self-regulatory resources results in more risk aversion in mixed-gamble (gain/loss) situations. The findings support a dual process view that distinguishes between a rational and an affective information processing system, in which self-regulatory resources are the necessary fuel for the rational system. Depending on the expected values of risk seeking versus risk averse behavior, ego depletion can have negative (experiment 1) as well as positive (experiment 2) consequences for investment behavior.
Creation-Date: 2008-10-20
File-URL: https://repub.eur.nl/pub/13614/ERS-2008-064-MKT.pdf
File-Format: application/pdf
Series: RePEc:ems:eureri
Number: ERS-2008-064-MKT
Classification-JEL: C44, G11, G14, M, M31
Keywords: ego depletion, emotional information processing system, investment behavior, risk averse
Handle: RePEc:ems:eureri:13614