Self- Control and the Differential Weighting of the Components of Risk
We examine how people with low self-control differentially weight the individual components of risk – probability and consequences of negative outcomes. We find that low-self-control leads to heightened focus on probability, but relative neglect of consequences. This can lead to reduced overall threat assessments by those most prone to self-control lapses.
Shi Jia, Ab Litt, Uzma Khan, and Tatiana Andreyeva (2011) ,"Self- Control and the Differential Weighting of the Components of Risk", in NA - Advances in Consumer Research Volume 38, eds. Darren W. Dahl, Gita V. Johar, and Stijn M.J. van Osselaer, Duluth, MN : Association for Consumer Research.
Shi Jia, Stanford University, USA
Ab Litt, Stanford University, USA
Uzma Khan, Stanford University, USA
Tatiana Andreyeva, Yale University, USA
NA - Advances in Consumer Research Volume 38 | 2011
Is Warm Always Trusting? The Effect of Seasonality on Trustworthiness
Gretchen Wilroy, Pennsylvania State University, USA
Margaret Meloy, Pennsylvania State University, USA
Simon Blanchard, Georgetown University, USA
The psychological impact of annuities: Can pension payout choice influence health behavior?
Anja Schanbacher, London Business School, UK
David Faro, London Business School, UK
Simona Botti, London Business School, UK
Shlomo Benartzi, University of California Los Angeles, USA
Economic Tremors and Earthquakes: Sharing, The Sharing Economy, Crowdfunding, Cryptocurrencies, and DAOs
Russell W. Belk, York University, Canada