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Asymmetric hedonic contrast: pain is more contrast dependent than pleasure

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Title: Asymmetric hedonic contrast: pain is more contrast dependent than pleasure
Authors: Voichek, G
Novemsky, N
Item Type: Journal Article
Abstract: Research has shown that hedonic-contrast effects are a ubiquitous and important phenomenon. In eight studies (N = 4,999) and four supplemental studies (N = 1,809), we found that hedonic-contrast effects were stronger for negative outcomes than for positive outcomes. This asymmetric-contrast effect held for both anticipated and experienced affect. The effect makes risks that include gains and losses more attractive in the presence of high reference points because contrast diminishes the hedonic impact of losses more than gains. We demonstrated that the effect occurs because people are generally more attentive to reference points when evaluating negative outcomes, so drawing attention to reference points eliminates the asymmetric-contrast effect.
Issue Date: 1-Jul-2021
Date of Acceptance: 1-Jun-2021
URI: http://hdl.handle.net/10044/1/100145
DOI: 10.1177/0956797621991140
ISSN: 0956-7976
Publisher: SAGE Publications
Start Page: 1038
End Page: 1046
Journal / Book Title: Psychological Science
Volume: 32
Issue: 7
Copyright Statement: © The Author(s) 2021. Published by Sage Publications. The final, definitive version of this paper has been published in Psychological Science by Sage Publications Ltd. All rights reserved. It is available at: https://journals.sagepub.com/doi/10.1177/0956797621991140
Keywords: Experimental Psychology
1701 Psychology
1702 Cognitive Sciences
Publication Status: Published
Online Publication Date: 2021-06-04
Appears in Collections:Imperial College Business School