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

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 …

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 …

authority and responder. Both players in each pair have earned an income in an individual real effort decision-making experiment … income of the responder that is left after the second stage will be transferred to the take authority (the so-called take … rate). In the second stage, the responder can punish the take authority by destroying (part of) his or her earned income …

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. …

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

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 …

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 …

This paper examines the allocative implications of progressive income taxation when individuals care about their … relative income. It shows that tax progressivity might improve efficiency, and the more so in egalitarian economies …. Introducing a progressive income tax can yield a Pareto improvement if pre-tax income is evenly distributed. Implementing …