"For many years, I have been interested in how depressed people make decisions that keep them stuck in bad situations, isolated and passive, while perpetuating their own misery."
"My model of depressive decision-making was initially based on Modern Portfolio Theory, developed by Nobel Prize laureate Harold Markowitz. Many of the dimensions of decision-making draw on this earlier model of how different investors consider how to invest."
The article explores how individuals with depression make decisions that often keep them trapped in negative situations. It challenges the notion that depression equates to self-punishment, instead suggesting that it serves as an evolved strategy to avert further loss. Using a framework based on Modern Portfolio Theory, it illustrates how depressed individuals prioritize loss aversion over potential gains, leading to a passive and isolated existence. The author emphasizes the need for proactive behavior to facilitate emotional improvement and overcome the tendencies of depression-driven decision-making.
Read at Psychology Today
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