Psychological and physiological determinants of financial decision-making

The project at a glance

Start date:

01 Oct 2021
Duration in months:

48
Funding:

FNR-PRIDE (DTU 3E)
Principal Investigator(s):

Roxane PHILIPS

About

The ‘Affect Gap’ describes differences in decision behavior across decision domains that are more or less affectively laden (e.g., medical compared to financial domain). There is also a wealth of research investigating differences in how people make decisions for themselves as compared to other people. In the medical domain, for instance, people tend to be more cautious when deciding on treatments for someone else than for themselves. The present project seeks to further elucidate the processes underlying the affect gap and to investigate self-other differences within this context. We will take a closer look at the role of affect in the affect gap by integrating physiological and self-report measures of affect into a commonly used paradigm. Further, we integrate a measure of interoceptive ability as this has been found to relate to differences in emotional experience and decision-making.

^{Image at the top: © generated by AI (copilot)}