Showing 1 - 10 of 133
This study measures risk and loss aversion using Prospect Theory and the impact of emotions on those parameters. Our … controlled experiment at two universities in Mexico City, using uncompensated students as research subjects, found results … similar to those obtained by Tanaka et al. (2010). In order to study the role of emotions, we provided subjects with randomly …
Persistent link: https://www.econbiz.de/10011111868
emotions can be cheaply communicated. Perhaps even more puzzling to economists and biologists is the observation that anonymous … apologies, to encourage trust re-extension. We used a pair of trust games with one-way communication and an emotion survey to … investigate the role of emotions in regulating the propensity to message, apologize, re-extend trust, and demonstrate …
Persistent link: https://www.econbiz.de/10011111225
We present evidence from a laboratory experiment showing that individuals who believe they were treated unfairly in an …
Persistent link: https://www.econbiz.de/10008646527
This paper discusses solutions derived from lottery experiments using two alternative assumptions: that people perceive wealth changes as absolute amounts of money; and that people consider wealth changes as a proportion of some reference value dependant on the context of the problem under...
Persistent link: https://www.econbiz.de/10005089325
Resistance to change is not a new concept in economic literature (Coch and French 1948, Boulding 1956). However, in the last few decades it has acquired specific connotations and meanings that deserve attention. The first aim of the paper is to analyze how the concept has evolved since its...
Persistent link: https://www.econbiz.de/10005835904
Analysts make competing claims about when and how politicians can use fear to gain support for suboptimal policies. Using a model, we clarify how common attributes of fear affect politicians’ abilities to achieve self-serving outcomes that are bad for voters. In it, a politician provides...
Persistent link: https://www.econbiz.de/10005836312
So a man could grow in his professional careers, he must prove he they has better skills, abilities and knowledge than his colleagues or competitors in the field. Access to the building of a man's own emotional intelligence has an effect on the level of his application in the company itself. The...
Persistent link: https://www.econbiz.de/10011258142
” customer satisfaction and repeat business. The customer’s emotions have been proved to be a key determinant to turn a satisfied …
Persistent link: https://www.econbiz.de/10008646786
This article develops a general method to solve dynamic models of interactions between multiple strategic agents that extends the static model studied previously by the authors. It describes a general model of several interacting agents, their domination relations as well as a graph encoding...
Persistent link: https://www.econbiz.de/10011170147
This paper advocates that some limits of the rational agent hypothesis result from the improper assumption that one individual should be modeled as a single rational agent. We model an individual composed of two autonomous and interacting structures, conscious and unconscious. Each agent utility...
Persistent link: https://www.econbiz.de/10009647450