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Action Orientation, Consistency, And Feelings Of Regret (Keith Dowd)
![ACTION-ORIENTATION, CONSISTENCY, AND FEELINGS OF REGRET Keith Dowd, Appalachian State University Dr. Todd McElroy, Appalachian State University ,[object Object],[object Object],[object Object],Study 1 Results Study 1 Procedure Study 2 Procedure ABSTRACT Previous research has shown that consistency between a person's behavior and their disposition influences feelings of regret such that, inconsistent actions or inactions tend to produce relatively more regret. In addition, research has also shown that, because of affect regulation, action oriented individuals tend to have less regret than state oriented individuals. In Study 1 we measured individual predispositions toward action-orientation then provided participants with a hypothetical situation of a person who had either acted or not. In both situations the result was a negative outcome. In study 2, we are in the process of doing a study that provides a real decision-making situation. The task is framed so that participants are induced to make either an action (switch) or inaction (not switch). The results from study 1 as well as preliminary findings from study 2 reveal that, after experiencing a negative outcome, individuals with an action-orientation experience more regret for situations involving inaction and relatively less regret for decisions involving action. State-oriented individuals however, felt more regret regardless of whether they experienced an action or inaction. BACKGROUND PROCEDURE & RESULTS CONCLUSIONS For more information, email KD57363@appstate.edu ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Average regret as a function of action-orientation and behavior. Behavior Inaction Action N Mean N Mean Orientation: State-orientation 28 60.5 28 59.6 Action-orientation 31 61.5 34 40.3 Average regret as a function of action-orientation and behavior. Actual Behavior Inaction Action N Mean N Mean Orientation: State-orientation 28 46.6 39 41.8 Action-orientation 30 25.3 21 46.7 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Condition 1 You have a choice to either keep a stock in company X or switch to company Z. If you keep this stock in company X, you will have a 1/3 probability of having a $6,000 profit and a 2/3 probability of gaining no profit. If you choose to switch and have stock in company Z you will have a $2,000 profit. Condition 2 You have a choice to either keep a stock in company X or switch to company Z. If you keep this stock in company X, you will have a $2,000 profit. Or you can switch from this stock and have stock in company Z. If you switch into company Z you have a 1/3 probability of having a $6,000 profit and a 2/3 probability of gaining no profit. Do you want to keep the stock in company X? - Or - Do you want to switch your stock into company Z? Study 2 Results Hypothesis Decision-task (Study 2)](https://image.slidesharecdn.com/actionorientationconsistencyandfeelingsofregretkeithdowd-12756706480393-phpapp02/85/Action-Orientation-Consistency-And-Feelings-Of-Regret-Keith-Dowd-1-320.jpg)
