How Moods and Emotions Work (in Terms of Behavioural Economics)
Strong and/or reactive positive emotions =
increased emphasis of reward, gain, and opportunity
corresponding secondary, smaller de-emphasis of loss and risk
increase in the perceived likelihood and expected magnitude of rewards and gains
corresponding secondary, smaller decrease in the extent to which losses and risks are perceived
increase in (potentially false) identifications of rewards, gains, and opportunities
increased motivation and goal-formation, especially regarding short-term and exploratory, social, or hedonic goals
increased activity in pursuit of rewards and gains
increased outward exploratory activity
increased social activity
actual increase in the number, likelihood, and magnitude of phenomenological rewards and gains (i.e. pleasure and other intrinsically desirable, hedonic-euphoric feelings)
Weak and/or nonreactive positive emotions =
decreased emphasis of reward, gain, and opportunity
decrease in the perceived likelihood and expected magnitude of rewards and gains
decrease in (potentially true) identifications of rewards, gains, and opportunities
decreased motivation and goal-formation, especially regarding short-term, exploratory, social, and hedonic goals
decreased activity in pursuit of rewards and gains
decreased outward exploratory activity
decreased social activity
actual decrease in the number, likelihood, and magnitude of phenomenological gains (i.e. pleasure and other intrinsically desirable, hedonic-euphoric feelings)
Strong and/or reactive negative emotions =
increased emphasis of loss, risk, threat, and/or wrongdoing
corresponding secondary, smaller de-emphasis of reward, gain, and opportunity
increase in the perceived likelihood and expected magnitude of losses, risks, threats, and/or wrongs
corresponding secondary, smaller decrease in the extent to which rewards, gains, and opportunities are perceived
increase in (potentially false) identifications of losses, risks, threats, and/or wrongs
a. generally decreased motivation and goal-formation (connected to a sense of hopelessness or general expectation of risk) or b. increased avoidant motivation and goal-formation (towards preventing or avoiding losses, risks, or threats) and/or increased hostile motivation and goal-formation (towards accusing others, hurting or threatening others, or punishing or forcibly halting perceived wrongs or injustices)
a. generally decreased activity (behavioural inhibition, withdrawal, psychomotor retardation) or b. increased avoidant activity (activity to prevent or avoid perceived losses, risks, or threats) and/or increased hostile activity (accusing others, threatening or trying to hurt others, or trying to punish or forcibly halt perceived wrongs or injustices)
decreased outward exploratory activity
actual increase in the number, likelihood, and magnitude of phenomenological losses (i.e. in dysphoric feelings, which are intrinsically undesirable/noxious/aversive)
4. Apathy (Negative Emotional Apathy)
Weak and/or nonreactive negative emotions =
decreased emphasis of loss, risk, threat, and wrongdoing
decrease in the perceived likelihood and expected magnitude of losses, risks, threats, and wrongs
decrease in (potentially true) identifications of losses, risks, threats, and wrongs
decreased motivation and goal-formation, especially avoidant (towards preventing or avoiding losses, risks, or threats) and hostile (towards accusing others, hurting or threatening others, or punishing or forcibly halting perceived wrongs or injustices)
decreased avoidant activity (activity to avoid or prevent perceived losses, risks, or threats)
decreased hostile activity (accusing others, threatening or trying to hurt others, or trying to punish or forcibly halt perceived wrongs or injustices)
actual decrease in the number, likelihood, and magnitude of phenomenological losses (i.e. in dysphoric feelings, which are intrinsically undesirable/noxious/aversive)