Psychology’s Heath Demaree: People less likely to take risks after unexpected losses or gains

Unexpected outcomes slows future risk-taking

PsychCentral: Recent research from Heath Demaree, associate professor of psychology, found that people are less likely to take risks after unexpected losses or gains. “Surprising events are known to cause animals to stop, freeze, orient to the surprising stimulus and update their schemas of how the world works,” he said. “Our recent research suggests that surprising events also cause people to temporarily reduce risk-taking.”