Anticipated feelings and support for public mega projects: Hosting the Olympic Games

被引:2
|
作者
Streicher, Tobias [1 ]
Schmidt, Sascha L. [1 ,2 ]
Schreyer, Dominik [1 ]
Torgler, Benno [2 ,3 ]
机构
[1] WHU Otto Beisheim Sch Management, Ctr Sports & Management CSM, Erkrather Str 224a, D-40233 Dusseldorf, Germany
[2] CREMA Ctr Res Econ Management & Arts, Basel, Switzerland
[3] Queensland Univ Technol, Sch Econ & Finance, Level 8,Z Block,Gardens Point Campus,2 George St, Brisbane, Qld 4001, Australia
关键词
Affective forecasting theory; Dual process theory; Feelings; Heuristics; Olympic Games; Public referenda; IDENTIFICATION EMPIRICAL-FINDINGS; MEASUREMENT INVARIANCE; DECISION-MAKING; FIT INDEXES; OPTIMISM; WORK; ACCESSIBILITY; EMOTIONS; BEHAVIOR; THINKING;
D O I
10.1016/j.techfore.2020.120158
中图分类号
F [经济];
学科分类号
02 ;
摘要
When facing complex decisions, individuals often employ heuristics, relying on affective feelings rather than systematically evaluating decisional pros and cons. If this heuristic misguides the personal decisions, the consequences may be unfortunate for the individuals but not harmful to the wider society. This is not the case, however, for decisions with a public policy impact, such as the approval of public mega projects, which can result in inefficient government spending. This study thus examines the formation and interplay of cognitive versus affective decision components in the context of these projects. More specifically, using population-representative survey data from 11 European countries and the US, the authors provide evidence for three major findings: First, context-specific orientations play a more decisive role for individuals' affective feelings than their general orientations. Second, affective feelings exert a strong influence on their support for public mega projects. Third, although effortful processing filters the influence of affective feelings on decisions, the filtering mechanism is rather ineffective.
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页数:13
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