We introduce a concept of emotions that emerge when workers compare their own performance with a given standard or with … the performances of co-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is … identify certain conditions under which emotions lead to additional incentives and under which the employer benefits from …

puzzle. In this paper, we investigate the role of emotions as a possible explanation of tax compliance. Our laboratory … perspective of punishment after an audit, especially when the pictures of the evaders are publicly displayed, also raises emotions …

cooperators relieve negative emotions when they punish free riders. In response, the free-riders experience negative emotions when …

changes in the early life economic environment on late life cognition. In European countries, about three to four economic …

-being by analyzing the frequency with which specific emotions are experienced in anticipation of and reaction to job loss … unemployed leads to more frequent experiences of unpleasant emotions only in the short run and that adaptation occurs more …

could not be understood or they study emotions out of interest for the emotion itself. While some analyses display a strong … utility theory. Beyond feelings, economic theorists use full-fledged specific emotions to explain behavior that otherwise … psychological approaches to emotion research. Ways how to reduce this gap are discussed. …

Do emotions affect the decision between change and the status quo? We exploit exogenous variation in emotions caused by …

emotions could decrease the use of punishments while keeping welfare high, possibly depending on pre-existing levels of … aggression. In this lab experiment, we find that adopting an objective attitude (Objective), through a form of emotion regulation … net earnings and self-reported emotions compared to a control condition (Natural). Although the interaction between the …