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take risks, with a special focus on the role of affect. While the importanceof anticipatory emotions has so far been only … investment task. Moreover,emotions were explicitly measured, including anticipatory emotions experienced during the waitingperiod …-based questionnaire before the experiment and participants' preferencesfor resolution timing, risk, and time were incentive compatibly …
Persistent link: https://www.econbiz.de/10011374397
-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 …
Persistent link: https://www.econbiz.de/10011301155
behavior depending on their fairness perceptions, their experienced emotions, and their interaction with responders. We find …
Persistent link: https://www.econbiz.de/10011343297
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 …
Persistent link: https://www.econbiz.de/10011349715
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
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
reciprocation. In this study, physiological and self-report measures were employed to investigate the role of emotions, using the …
Persistent link: https://www.econbiz.de/10011338001
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
emotions intoaccount. In addition, an (alternative) emotion-basedexplanation is provided for related experimental … results and offer anexplanation that takes the role of experienced emotions(measured with self-reports) and anticipated …
Persistent link: https://www.econbiz.de/10011317470
We investigate whether two heuristics, the peak-end rule and herding, lead to cognitive biases in the index of consumer sentiment published by the University of Michigan. Both affect respondents' assessment of changes in their financial position over the past year. Consistent with the peak-end...
Persistent link: https://www.econbiz.de/10012025977