Showing 1 - 10 of 138
. 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. …
Persistent link: https://www.econbiz.de/10005181557
We test the no-trade theorem in a laboratory financial market where subjects can trade an asset whose value is unknown. Subjects receive clues on the asset value and then set a bid and an ask at which they are willing to buy or to sell from the other participants. In treatments with no gains...
Persistent link: https://www.econbiz.de/10005406359
A healthy financial system encourages the efficient allocation of capital and risk. The collapse of the house price bubble led to the financial crisis that started in 2007. There is a large empirical literature concerning the relation between asset price bubbles and financial crises. I evaluate...
Persistent link: https://www.econbiz.de/10008534053
This interdisciplinary paper explains how mathematical techniques of stochastic optimal control can be applied to the recent subprime mortgage crisis. Why did the financial markets fail to anticipate the recent debt crisis, despite the large literature in mathematical finance concerning optimal...
Persistent link: https://www.econbiz.de/10005094473
reciprocation. In this study, physiological and self-report measures were employed to investigate the role of emotions, using the …
Persistent link: https://www.econbiz.de/10005766252
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 …
Persistent link: https://www.econbiz.de/10005094273
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 …
Persistent link: https://www.econbiz.de/10005181255
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. …
Persistent link: https://www.econbiz.de/10005196315
by emotions. Individuals engage in protests if they are aggrieved and feel that they have been treated unfairly. This …
Persistent link: https://www.econbiz.de/10010631771
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 …
Persistent link: https://www.econbiz.de/10008583738