All events

<< Week of January 14 >>

Wednesday, January 17, 2018

Aversion to Emotional Insurance: Costly Reluctance to Hedge Desired Outcomes

Colloquium | January 17 | 12:10-1:15 p.m. | 5101 Tolman Hall

 Carey K. Morewedge, Professor, Boston University

 Institute of Personality and Social Research

We examine whether people reduce the impact of negative outcomes through emotional hedging—betting against the occurrence of desired outcomes. We find substantial reluctance to bet against the success of preferred U.S. presidential candidates and Major League Baseball, National Football League, National Collegiate Athletic Association (NCAA) basketball, and NCAA hockey teams. This reluctance is...   More >