Cautious Decision Process Forced by the Effects of Anticipated Regret and Involvement
A lot of evidence has been found to demonstrate the effect of anticipated regret on decision choice, whereas it's lack of clear explanation on how the anticipated regret influence the information processing in decision making. The aim of this paper was to clarify the effect on cognitive
behavior in decision process via the method of process tracing, the involvement as modifying variable was considered as well. The results revealed that anticipated regret conducted a cautious information processing. Particularly, the time, quantity of processing increased and style of processing
changed partly when anticipated regret was triggered, which the effect could be strengthened in the high-involvement condition or vanished in the low-involvement condition. Otherwise, method by outcome feedback to trigger participants' anticipated regret showed more effectiveness than by question.
Finally, the mechanism of the effect observed in the experiment was discussed.
Keywords: ANTICIPATED REGRET; DECISION-MAKING; INFORMATION PROCESSING; INVOLVEMENT
Document Type: Research Article
Publication date: 01 January 2012
- ADVANCED SCIENCE LETTERS is an international peer-reviewed journal with a very wide-ranging coverage, consolidates research activities in all areas of (1) Physical Sciences, (2) Biological Sciences, (3) Mathematical Sciences, (4) Engineering, (5) Computer and Information Sciences, and (6) Geosciences to publish original short communications, full research papers and timely brief (mini) reviews with authors photo and biography encompassing the basic and applied research and current developments in educational aspects of these scientific areas.
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