feelings rather than upon the design of complicated theoretical interventions. An analogy with successful anti-tobacco policy …

-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 …

utility theory. Beyond feelings, economic theorists use full-fledged specific emotions to explain behavior that otherwise …Positive and negative feelings were central to the development of economics, especially in utility theory in classical … economics. While neoclassical utility theory ignored feelings, behavioral economics more recently reintroduced feelings in …

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 … net earnings and self-reported emotions compared to a control condition (Natural). Although the interaction between the …

efficiency, while incidental emotions can impair it. Signals in specific brain areas can be a trigger precipitating a bubble …

tests support a causal interpretation of this finding. Our results are consistent with immediate emotions stirred by a …

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 …

the nominal wage leads to a reaction that is mainly dominated by emotions. On the other hand, we hypothesize that an …: self-reported emotions such as anger and surprise respond strongly to nominal wage cuts, but not to decreases in the real … wage achieved through increasing the nominal wage by less than the inflation rate. Although emotions may benefit individual …

puzzle. In this paper, we investigate the role of emotions as a possible explanation of tax compliance. Our laboratory … experiment shows that emotional arousal, measured by Skin Conductance Responses, increases in the proportion of evaded taxes. The … perspective of punishment after an audit, especially when the pictures of the evaders are publicly displayed, also raises emotions …