Emotions May Cloud Judgment

Matt Ford  Nov 04, 2008 2:40 pm

Emotions May Cloud Judgment
 
Emotional bias can impair financial, as well as political, decision-making.
 

 
References

Fingarette, H. 1969. Self-deception. London : Routledge & Kegan Paul.

Kahneman, D. 2000. "Evaluation by moments: Past and future." In D. Kahneman & A. Tversky (eds.), Choices, values, and frames, pp. 693-708. New York: Cambridge University Press and the Russell Sage Foundation.

Kahneman, D., & Tversky, A. 1979. Prospect theory: An analysis of decision under risk. Econometrica, 47: 263-291.

Lord, C. G., Ross, L., & Lepper, M. R. 1979. Biased assimilation and attitude polarization: The effects of prior theories on subsequently considered evidence. Journal of Personality and Social Psychology, 37: 2098-2109.

Matthews, G. & Wells, A. 1994. Attention and emotion: A clinical perspective. Hillsdale, NJ: Lawrence Erlbaum.

Staw, B.M., Sandelands, L.E. & Dutton, J.E. 1981. Threat-rigidity effects in organizational behavior: A multi-level analysis. Administrative Science Quarterly, 26: 501-524.

Surowiecki, J. 2004. The wisdom of crowds: Why the many are smarter than the few and how collective wisdom shapes business, economies, and nations. New York : Doubleday.

Thaler, R. H. & Johnson, E. 1990. "Gambling with the house's money and trying to break even: The effects of prior outcomes in risky choice." Management Science, 36: 643-660.
Rate this article:  (0 Votes)
Comments (4) See All Comments »
11-04-2008, 5:13 pm
No comment really. Just hi. :)
Read More
11-05-2008, 1:31 pm
Hey kid. Thx for stopping by, and for the inspiration ;-)
Read More
11-05-2008, 5:30 pm
btw, you're welcome back here anytime, as we're about learning.
Read More
11-05-2008, 5:35 pm
Ok. And I forgot to thank you for leaving my actual name out of this post. :)
Read More
discuss this article and more on the mv exchange
No positions in stocks mentioned.

Get real-time options trading ideas from Steve Smith, veteran options trader and newsletter author, plus let him show you the way to cut risk and boost your returns through the strategic use of options.  Click here for a free 14 day trial to OptionSmith by Steve Smith.



The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2009 Minyanville Media, Inc. All Rights Reserved.

Ticker Talk
Popular Tickers:
F »AMZN »HIG »
Select
  •  
Talk Now
Share this Talk on your site:
Send us your feedback

Our Professors

rss article alert