Although reciprocity is a key concept in the social sciences, it is still unclear why people engage in costly … reciprocation. In this study, physiological and self-report measures were employed to investigate the role of emotions, using the …-reported anger highlights the importance of using both techniques for studying reciprocity.<P>This discussion paper has led to a …

-making experiment preceding the take game. The gameconsists of two stages. In the first stage, the take authority decides howmuch income … primarily interested in how emotions influenceresponder behavior. Our findings are the following. (1) A higher take … happiness. Sincenegative emotions are experienced as painful, there is direct hedonicimpact. (2) Irritation and contempt drive …

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

), volume 66, pages 243-250.<P> We study fairness and reciprocity in a Hawk-Dove game. This alllows us to testvarious models in …

by an experiment. Finally, we show how partial information transmission can lead to communication failure, and show how …

measured by psychology is useful to predict economic behavior. Is it reasonable to expect values on personality scales to be … favor and against this assumption and test in our own experiment, whether and which personality factors are useful in …

organize data well in previous experiments meant to test other concepts. This experiment provides the first systematic test of …