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The behavioral impact of emotions in a power to take game : an experimental study
Bosman, Ronald; Winden, Frans A. A. M. van - 1999
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 …-related regulation of emotions. …
Persistent link: https://www.econbiz.de/10011301155
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Competition and well-being
Brandts, Jordi; Riedl, Arno; Winden, Frans A. A. M. van - 2004
We study the effects of competition in a context in which people's actions can not be contractually fixed. We find that in such an environment the very presence of competition does neither increase efficiency nor does it yield any payoff gains for the short side of the market. We also find that...
Persistent link: https://www.econbiz.de/10011335225
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Reciprocity and emotions when reciprocators know each other
Reuben, Ernesto; Winden, Frans A. A. M. van - 2004
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 …
Persistent link: https://www.econbiz.de/10011338002
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The importance of emotions for the effectiveness of social punishment
Hopfensitz, Astrid; Reuben, Ernesto - 2006
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 …
Persistent link: https://www.econbiz.de/10011346451
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Habitual communication
Ioannidis, Konstantinos - 2022
Many everyday activities are habitual. Among the most common human activities is communication. If people primarily communicate in a common-interests environment, they may form habits of truth-telling and believing messages. If they primarily communicate in a conflicting-interests environment,...
Persistent link: https://www.econbiz.de/10012887895
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"I" on you : identity in the dictator game
Kopányi-Peuker, Anita; Zheng, Jin Di - 2019
We study a giver's generosity depending on her relationship with the recipient and the observer. We assign different group identities to the players using a variation of the minimumgroup paradigm, and test the effect of group memberships on altruistic giving in the dictator game with a passive...
Persistent link: https://www.econbiz.de/10012030650
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Competition modulates buyers' reaction to sellers' cheap talk
Onderstal, Sander; Shalvi, Shaul; Soraperra, Ivan - 2023
Sellers in real-estate markets, on internet platforms, in auction houses, and so forth, routinely pose non-binding price requests. Using a laboratory experiment, we examine how competition moderates the way such cheap-talk communication affects trade between buyers and sellers. For bilateral...
Persistent link: https://www.econbiz.de/10014299618
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Individual oath-swearing and lying under peer pressure
Kingsuwankul, Sorravich - 2023
Previous studies have shown that an oath can reduce lying at an individual level. Can oaths reduce lying in groups, a context where the prevalence of lying is typically higher? Results from a lab experiment reveal that the impact of an oath on lying in a group context depends on the incentive...
Persistent link: https://www.econbiz.de/10014390437
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The anatomy of competitiveness
Buser, Thomas; Oosterbeek, Hessel - 2023
A large empirical literature in behavioral economics investigates heterogeneity across individuals and groups in preferences for competition. In this study, we provide a more detailed view on competitiveness by differentiating between four different motivations for entering competitions -...
Persistent link: https://www.econbiz.de/10014290494
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Complex evolutionary systems in behavioral finance
Hommes, Cars H.; Wagener, Florian Oskar Ottokar - 2008
Traditional finance is built on the rationality paradigm. This chapter discusses simple models from an alternative approach in which financial markets are viewed as complex evolutionary systems. Agents are boundedly rational and base their investment decisions upon market forecasting heuristics....
Persistent link: https://www.econbiz.de/10011376458