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

This paper introduces the concept of emotions into the standard litigation contest. Positive (negative) emotions emerge … that standard results of litigation contests change significantly when emotions are taken into account. We show that … emotions may increase or decrease individual and total equilibrium contest effort, introduce an asymmetry into the contest, and …

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

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 …

. In this experimental study, we are primarily interested in how emotions influence responder behavior. Our findings are … significantly decreases the intensity of joy and happiness. Since negative emotions are experienced as painful, there is direct … result is explained in terms of norm-related regulation of emotions. …

selfishness, there should be no cooperation at all. We also show that free riding causes strong negative emotions among … cooperators. The intensity of these emotions is the stronger the more the free riders deviate from the group standard. Our results … provide, therefore, support for the hypothesis that emotions are guarantors of credible threats. …

anticipated and experienced emotions in the choice problem. Main findings are a violation of the isolation effect, and support for … earlier experiments. Dependent on the timing of the global risk different combinations of anticipated and experienced emotions …

periods of turmoil, financial markets have tended to impose strong programs of austerity on member countries of the Eurozone …-induced austerity, as it occurs mainly during periods of recession, has the effect of reducing the power of the automatic stabilizers in …

We shed light on the function, properties and optimal size of austerity using the standard sovereign debt model … augmented to include incomplete information about credit risk. Austerity is defined as the shortfall of consumption from the … level desired by a country and supported by its repayment capacity. We find that austerity serves as a tool for securing a …