In this paper, we consider that our experience of time (to come) depends on the emotions we feel when we imagine future … individual and emotions, which link together events or situations, are a constitutive ingredient of time experience. Our theory …

cooperators relieve negative emotions when they punish free riders. In response, the free-riders experience negative emotions when … the new standard or norm. For a given contribution level, individuals attain higher levels of satisfaction when …

investigate the relationships between emotions, deception, and rational decision-making by means of an experiment on tax evasion …. Emotions are measured by skin conductance responses and self-reports. We show that the intensity of anticipated and … anticipatory emotions before reporting positively correlates with both the decision to cheat and the proportion of evaded income …

puzzle. In this paper, we investigate the role of emotions as a possible explanation of tax compliance. Our laboratory … perspective of punishment after an audit, especially when the pictures of the evaders are publicly displayed, also raises emotions …

community, i.e. patriotism, and upon the emotions stirred by the potential death of the body politic. …

expectations in the sense that any other expectations justifying his choices imply a smaller likelihood for the history he observes … with limited memory, then there are rationally formed expectations equilibria exhibiting an excess volatility that no … rational expectations equilibrium can match. Given that the limited records or finite memory case may arguably be the relevant …

rules and institutions they face. This allows to proxy the bailout expectations in both countries and their role in … determining soft budget spending behaviors. A larger impact of expectations is taken as evidence of greater discretion in fiscal … soft budget constraints and bailing out expectations are a quantitatively important component of local government spending …