Like so many, Iām new here and excited to share a short š§µ about our paper in the current issue of Nature Human Behaviour (@naturehumbehav.bsky.social)!
Key takeaway: The influence of emotions on financial decision-making is not universal but varies substantially and systematically across countries.
Key takeaway: The influence of emotions on financial decision-making is not universal but varies substantially and systematically across countries.
Comments
1) 378 results & 50,972 participants
2) Mixed evidence for the influence of incidental emotions on financial decision-making
3) More significant meta-analytic evidence when researchers measured rather than manipulated emotions
4) 97% of studies come from highly developed countries
1) Emotions predict economic decisions on a global scale
2) Emotions are not universal predictors of financial decisions
3) Economic development and cultural individualism explain cross-country differences in whether emotions predict financial decisions
Link to paper: https://www.nature.com/articles/s41562-024-01927-3