• P W Linville and G W Fischer.
• Center for Decision Studies, Fuqua School of Business, Duke University, Durham, North Carolina 27706.
• J Pers Soc Psychol. 1991 Jan 1;60(1):5-23.

AbstractThis research investigates people's preferences for temporally separating or combining emotionally impactful events. For instance, do people prefer to experience 2 negative events (e.g., manuscript rejections) on the same day or on different days? Do people prefer to experience 2 positive events (e.g., manuscript acceptances) on the same or different days? This article proposes a renewable resources model that combines elements of decision-making models (prospect theory) with the notion that people possess limited but renewable physiological, cognitive, and social resources for dealing with emotionally impactful events. As predicted, Ss preferred to separate 2 positive events (the gain-savoring hypothesis), to separate 2 negative events (the multiple-loss-avoidance hypothesis), and to combine a positive and a negative event (the loss-buffering hypothesis). Ss displayed identical preferences for events from the academic, financial, and social domains.

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