We show that participants prefer optimistically-biased information when they would otherwise miss out on a particularly large reward, and pessimistically- ...
In social psychology, a common finding is that people prefer confirmation-biased information. Although this confir- matory information seeking is commonly ...
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What is optimism and pessimism in decision theory?
What is optimism and pessimism in psychology?
What are optimism and pessimism biases?
The effects are not small, with those holding the most pessimistic (optimistic) expectations experiencing a 21.8% (13.5%) reduction in long-run well-being.
Oct 22, 2016 · Optimism is defined as a higher expectation of reward or a lower expectation of punishment. Behavioural biases do not imply biases in cognitive representations.
Sep 22, 2023 · The study tested the associations between stress and coping on mood, course satisfaction and learning motivation.
Managers make decisions based on delusional optimism rather than on a rational weighting of gains, losses, and probabilities.
I argue that, in some cases, it qualifies as motivational pessimism: a bias towards negative beliefs about oneself or one's prospects for the sake of self- ...
Jan 12, 2019 · Optimists pay less attention to detail and fail to seek new information to challenge their rosy views leading to poor decisions. That explains ...
Apr 28, 2021 · Pessimism is a type of explanatory style in which individuals “expect the disadvantageous outcome when facing events of unknown emotional impact”