Age differences in emotional responses to monetary losses and gains.

“Psychology and Aging” just accepted our* latest paper, which offers new insights into how aging appears to change our emotional resilience towards monetary gains and losses for the better. The abstract: People of all ages face events that threaten their well-being, but theories of aging posit that older adults will cope better. In a gamble with randomly assigned losses (vs. gains), older adults reported relatively less negative and more positive emotions than younger adults, especially after losses (vs. gains). Avoiding preoccupation with negative thoughts was more likely among older (vs. younger) adults, and was related to less negative emotions after losses (vs. gains). A focus on limited time was associated with more positive emotions across all participants. Our findings may inform interventions that aim to promote emotional well-being across all ages. Key words: Emotion regulation, action control scale, gamble, losses, aging, behavioral economics, psychology * Authors: Wändi Bruine de Bruin, University of Leeds and Carnegie Mellon University Marijke van Putten, Leiden University Robin van Emden, Jheronimus Academy of Data Science JoNell Strough, West Virginia University

Pavlov

October 2017

Age differences in emotional responses to monetary losses and gains.