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

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

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 …

for the hypothesis that emotions help decision-making. Last, we discuss the implications for choices in concrete vs …

mechanism, we develop a theory of an economy where firms with heterogeneous demands use labor and knowledge to produce …. Entrepreneurs decide the number of layers of management and the knowledge and span of control of each agent. As a result, in the …

surplus from his production. At any time, the novice can leave the relationship with his acquired knowledge and produce on his … structured as an apprenticeship, in which all production generated during training is used to compensate the expert. Knowledge … transfer takes a simple form. In the first period, the expert gifts the novice a positive level of knowledge, which is …