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 …

behavior depending on their fairness perceptions, their experienced emotions, and their interaction with responders. We find …

, we are primarily interested in how emotions influence responder behavior. Our findings are the following. (1) A higher … intensity of joy and happiness. Since negative emotions are experienced as painful, there is direct hedonic impact. (2 … significant effect on the probability of punishment but not on the intensity of experienced emotion. We explain this last result …

through institutional as well as emotional mechanisms. Recent studies emphasize the importance of negatively valued emotions …, such as anger, which motivate individuals to punish free riders. However, these types of emotions also trigger retaliatory … anger, ‘social’ emotions like shame and guilt need to be present for punishment to be an effective deterrent of …

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

self-reports) and anticipated emotions into account. In addition, an (alternative) emotion-based explanation is provided … the economic relevance of the results and offer an explanation that takes the role of experienced emotions (measured with …

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

We investigate experimentally whether emotions affect bidding behavior in a first price auction. To induce emotions, we … between emotions and bidding behavior in a second auction series. Our main results are: (i) the economic shock has a … substantial impact on the experienced emotions of bidders; (ii) the emotional state systematically influences bidding behavior. In …