Affective forecasting is the forecasting of one's affect (emotional state) in the future. Economists share psychologists' interests in affective forecasting insomuch as it affects the closely related concepts of utility,[3][13] decision making,[56] and happiness.[9][10][57]. Affective Forecasting The activity of forecasting one's own emotional state of future is termed as affective forecasting. [44] To further investigate personality neglect, Quoidbach and Dunn studied happiness in relation to neuroticism. For much of the past 20 years, psychology has been obsessed with the quest for happiness. Dreams have been described as dress rehearsals for real life, opportunities to gratify wishes, and a form of nocturnal therapy. [>>>] What Is Affective Forecasting? The future phase includes the initial emotional response to the onset of the event, as well as subsequent emotional outcomes, for example, the fading of the initial feeling. First, predictions about the future are often based on memories of the past, but memories of the past are often inaccurate. [63] This prediction of happiness as a result of a purchase experience exemplifies affective forecasting. When people report memories for past events they may leave out important details, change things that occurred, and even add things that have not happened. We’ve Got Depression All Wrong. Affective forecasting can be divided into four components: predictions about emotional valence (i.e. Inaccurate forecasts can lead patients, or more commonly their health care agent,[74] to refuse life-saving treatment in cases when the treatment would involve a drastic change in lifestyle, for example, the amputation of a leg. Expert Answer . Bolger & Zuckerman found that coping strategies vary between individuals and are influenced by their personalities. In this case, concentrating on the easily observed difference in weather bore more weight in predicting satisfaction than other factors. Knowledge that forecasts, and therefore, decisions, are affected by biases as well as other factors (such as framing effects), can be used to design policies that maximize the utility of people's choices. They found in all of their studies, when people were asked to recall their previous predictions they instead write how they currently feel about the situation. [29] Participants in their experiments read about either 1 or a group of 8 children from Darfur. Affective forecasting (also known as hedonic forecasting or the hedonic forecasting mechanism) is the prediction of one's affect (emotional state) in the future. 5, 821-83 6 Copyrigh t 200 0 b y th e America n Psychologica l Association . Gilbert and Wilson, for example, categorize errors based on which component they affect and when they enter the forecasting process. In order to further establish the causal role of proactive emotional regulation in this phenomenon, participants in another study read the same materials and were encouraged to either reduce or experience their emotions. In the psychology of affective forecasting, the impact bias, a form of which is the durability bias, is the tendency for people to overestimate the length or the intensity of future emotional states. If people have a lot of experience with the event then they can easily picture the event. Expectations have the potential to influence the experience of cancer, for worse and for better. Some of the human tendencies that help keep us alive also have a negative side. It is possible that an increase in choices, or means, of achieving desired levels of happiness will be predictive of increased levels of happiness. [2] The individual predicts they will feel happier than they actually feel about the event. 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