primarily interested in how emotions influenceresponder behavior. Our findings are the following. (1) A higher take … happiness. Sincenegative emotions are experienced as painful, there is direct hedonicimpact. (2) Irritation and contempt drive …-related regulation of emotions.<p>This discussion paper has resulted in a publication in <I>The Economic Journal</I>, January 2002, 147 …

through institutional as well as emotional mechanisms. Recent studies emphasize the importance of negatively valued emotions …, such as anger, which motivate individuals to punish free riders. However, these types of emotions also trigger retaliatory … anger, ‘social’ emotions like shame and guilt need to be present for punishment to be an effective deterrent of …

the intensity of ties between responders impacts the decisions, beliefs, and emotions of both the responders and the take … and expected take rate is a much better predictor of experienced emotions and destruction than the difference between the …

emotions, and their interaction with responders. We find that fairness plays an important role in the behavior of proposers …

results and offer anexplanation that takes the role of experienced emotions(measured with self-reports) and anticipated … emotions intoaccount. In addition, an (alternative) emotion-basedexplanation is provided for related experimental …

reciprocation. In this study, physiological and self-report measures were employed to investigate the role of emotions, using the …

importanceof anticipatory emotions has so far been only inferred from decisions regarding hypothetical choiceproblems, we had … participants put their own money at risk in a real investment task. Moreover,emotions were explicitly measured, including … anticipatory emotions experienced during the waitingperiod under delayed resolution (which involved two days). Affective traits and …