Table 1.
Quasi-field experiments on emotions/moods and decision-making task.
Table 2.
Risk-elicitation task details for NFL fans study.
Fig 1.
Outcomes by favorite NFL team win-loss margin.
Notes: Each point in each panel represents a unique combination of participant and NFL game. The x-axis in each panel represents the win margin (in points) for the team that each fan cited as their favorite team. Negative values indicate losses. Panel (a) plots current negative emotion (immediately after the NFL game) as a function of win margin. Panel (b) plots risk aversion (measured using experimental tasks immediate after the NFL game) as a function of win margin. Panels (c) and (d) show residuals from regressions in which the same two outcome variables have been regressed on participant and survey fixed effects. The heavy solid line in each panel represents a regression of the outcome on win margin and win margin squared, allowing for separate intercepts and coefficients on either side of 0.
Table 3.
The effect of negative emotion on risk-taking behavior in the NFL fans study.