Daylight

Sun and colleagues link experiencing sunlight and taking more risks.  More specifically they report that “We examine sunshine-induced mood and its impacts on investors' bidding decisions in the primary market where seasoned equities are offered. . . . . We find that investors exposed to stronger sunshine intensity or longer sunshine duration submit a higher bid price for SEOs [seasoned equity offerings], thus leading to lower offer discounts. We also find that mood misattribution and risk-taking act as channels to rationalize such a sunshine effect.

Jafarifiroozabadi and teammates build on the body of literature linking daylight and window views in hospitals to positive effects on patient wellbeing.  The team shares that they probed “the impact of access to daylight vs. window views on CICU [cardiac intensive care unit] patients’ LOS [length of stay in the hospital]. . . . patients receiving mechanical ventilation in rooms with access to daylight and window views had shorter LOS durations . . . than those in windowless rooms.