The value of control

Moritz Reis,Roland Pfister,K. A. Schwarz

Published 2023 in Journal of Behavioral Decision Making

ABSTRACT

Voluntary actions are accompanied by a sense of control over this action and its effects. Forming an appropriate sense of control (or sense of agency) has widespread consequences of individual and societal relevance. Moreover, perceived control might serve as a powerful action motivator, although this critical function has been addressed scarcely so far. Thus, in two experiments ( N = 101 adults for each study), we directly examined the value of control for human agents by allowing participants to choose between financial gain and situational control. Crucially, a significant share of participants chose to be in control even when this option was less financially rewarding. That is, participants had to be offered 66% (Study 1) and 34% (Study 2) of expected asset earnings as an additional reward to make them predictably waive control. In addition to the value of objective decision rights, we also measured subjectively perceived con-trol. This is a further extension of prior research as similar levels of objective control can lead to substantially different subjective feelings of control. Hereby, we found a share of the participants to create an illusionary sense of agency in situations of little objective control. These results portray perceived control as a powerful motivator for human behavior that comes with a unique and quantifiable value for individual agents.

PUBLICATION RECORD

  • Publication year

    2023

  • Venue

    Journal of Behavioral Decision Making

  • Publication date

    2023-03-16

  • Fields of study

    Not labeled

  • Identifiers
  • External record

    Open on Semantic Scholar

  • Source metadata

    Semantic Scholar

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REFERENCES

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