Office pool thrills can be bad for your health: StudyJune 1st, 2008 - 11:35 am ICT by admin
Washington, June 1 (ANI): Office pools on who will win a cricket match or a singing contest are not all fun. In fact, they can be bad for your health and happiness, says a new study.
According to the study, betting on the outcome reduces peoples enjoyment of the events.
Authors Naomi Mandel and Stephen M. Nowlis at the Arizona State University explore this phenomenon, and why these contests are so common.
Nobody likes to be wrong. Once a person has committed to a predicted outcome, hes set himself up for the possibility of looking like a fool. In other words, the fear of losing [known as] anticipated regret may actually feel worse than losing itself, the researchers said.
Peoples worry about losing the bet tends to spoil the event for them, they added.
In the study, the team designed a series of experiments where they asked participants to predict or not predict the outcome of game shows and marble games.
How does the unhappiness associated with betting coexist with the growing popularity of office pools and tournament prediction contests? The researchers found that participants expected that betting on events would enhance their viewing experience, though the actual effects were the opposite.
In a wide range of studies, people have been shown to be poor predictors of their own enjoyment and happiness, the researchers said.
Our results imply that a consumer playing roulette might actually enjoy that gamble more if the house rather than the consumer chooses the number to be played.
Among those who made predictions, participants who were correct enjoyed the event no more than those who were incorrect, they added.
The study The Effect of Making a Prediction about the Outcome of a Consumption Experience on the Enjoyment of that Experience is published in the Journal of Consumer Research. (ANI)
- Follow your heart to perceive future events - Feb 26, 2012
- Don't bank on 'wisdom of crowds' to win bets in football matches - Nov 16, 2010
- Consumers can tell lies to get rewards - Mar 16, 2012
- People ignore their personalities when predicting future happiness - Jan 13, 2011
- Consumers tell lies to get rewards (Lead) - Mar 16, 2012
- Knowing the duration of a bad event makes it worse - May 10, 2011
- Brain images can predict your video game performance - Jan 14, 2011
- 'Study of interest profile better way to chose employee' - Jul 06, 2012
- People aren't accurate at predicting how they'll feel after an event: Study - Nov 02, 2010
- Scientists uncover 'dark side' of beta-carotene - May 03, 2012
- Consumers prefer nostalgic products when they feel the need to belong - Mar 23, 2010
- Are diet soft drinks invitation to heart attacks? - Feb 01, 2012
- Can it hurt consumers to tell white lies? - Oct 23, 2011
- Sahaja Yoga confers good health, busts stress: Australian study - Jun 12, 2012
- Sweetener keeps obesity at bay among kids - Jun 29, 2011
Tags: arizona state university, bet, consumption experience, contests, cricket match, fool, game shows, health and happiness, health study, journal of consumer research, marble games, naomi mandel, office pool, office pools, participants, phenomenon, popularity, roulette, singing contest, unhappiness