Construct · 1 fields · 1 citations

regret aversion: a standalone construct

One name. One construct. A landmark on the map.

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Judgment and decision making

choosing so as to avoid anticipated regret, for example preferring options whose forgone outcomes will never be revealed.

In judgment and decision making, regret aversion refers to choosing so as to avoid anticipated regret, for example preferring options whose forgone outcomes will never be revealed. This meaning comes from Zeelenberg (1996) in Organizational Behavior and Human Decision Processes.[1]

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Nearby constructs

judgment2 fields · 4 citationsjingle · one word, two constructs regret4 fields · 9 citationsjingle · one word, three objects will3 fields · 5 citationsjingle · one word, three constructs

References

Zeelenberg, M., Beattie, J., van der Pligt, J., & de Vries, N. K. (1996). Consequences of Regret Aversion: Effects of Expected Feedback on Risky Decision Making. Organizational Behavior and Human Decision Processes, 65(2), 148-158. https://doi.org/10.1006/obhd.1996.0013

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