Discuss the effect of mood on decision making.What kind of decisions are most likely to be affected by mood, and what does research reveal about moods and decision making?

Mood affects what and how people think when making decisions.Mood has its greatest impact on uncertain and ambiguous decisions.Research on mood and decision making reveals the following: -People in a positive mood remember positive information; people in a negative mood remember negative information.-People in a positive mood evaluate objects, people, and events more positively; those in a negative mood provide negative evaluation.-People in a good mood overestimate the likelihood that good events will occur and underestimate the occurrence of bad events; people in a bad moon do the opposite.-People in a good mood adopt simplified, short-cut decision making strategies, more likely violating the rational model; people in a negative mood are prone to approach decisions in a more deliberate, systematic, detailed way.-Positive mood promotes more creative, intuitive decision making.