take risks, with a special focus on the role of affect. While the importance of anticipatory emotions has so far been only … investment task. Moreover, emotions were explicitly measured, including anticipatory emotions experienced during the waiting … risk involved, and that (among all the measures considered) only emotions can explain our results, albeit in ways that are …

anticipated and experienced emotions in the choice problem. Main findings are a violation of the isolation effect, and support for … experienced emotions influence decision making. …

bidders anticipate positive or negative emotions caused by the mere fact of winning or losing. Even if the "emotional" (dis …

emotions. Individuals engage in protests if they are aggrieved and feel that they have been treated unfairly. This reaction is …

We investigate a novel dynamic choice problem in an experiment where emotions are measured through self-reports. The … of emotions, using the emotion data from the experiment and recent psychological findings. We also find that people …

This paper shows that the Ricardian Equivalence proposition can continue to hold when expectations are not rational and … are instead formed using adaptive learning rules. In temporary equilibrium, with given expectations, Ricardian Equivalence … holds under the standard conditions for its validity under rational expectations. Furthermore, Ricardian Equivalence holds …

Realignment expectations which measure exchange rate credibility are analysed for European exchange rates using daily … expectations and macroeconomic variables, although there are signs that lower inflation improves credibility. Statistically, many … movements to realignment expectations are common to ERM participants. There were few indications of poor ERM credibility before …