Winden, Frans Van; Krawczyk, Michal; Hopfensitz, Astrid - CESifo - 2010
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 …