candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …, we manipulate the rational expectations of subjects and check whether this manipulation influences their effort provision …-based reference-dependent preferences: if expectations are high, subjects work longer and earn more money than if expectations are low …

positive cases in the future. The bias is positively correlated with optimistic expectations about the future macroeconomic … interventions decrease risky investment and help moderate future economic expectations through the reduction in EGB. The results … economic expectations …

relevant events. We conduct trust game experiments where the amount sent back by the second player (trustee) is exogenously …

reasonably unforeseeable, in two pre-registered experiments that entail unforeseen events. We argue that participants deviate …

We use economic experiments to examine the nature of relational trading under a menu of incomplete contracts ranging …

, while they are in line with recent models that focus on anger as the result of the frustration of expectations …