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Researchers are increasingly exploring the role of emotions in interactive decision‐making. Recent theories have focused on the interpersonal effects of emotions-the influence of the decisionmaker’s expressed emotions on observers’ decisions and judgments. In this paper, we examine whether...
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In everyday life, games begin inconspicuously, leaving an individual to stumble upon their assessment of a situation. An unaware individual is unlikely to exhibit strategic behavior in a given situation, which highlights the importance of awareness examination. The purpose of this exploratory...
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This chapter reviews recent experimental data testing game theory and behavioral models that have been inspired to explain those data. The models fall into four groups: in cognitive hierarchy or level- k models, the assumption of equilibrium is relaxed by assuming agents have beliefs about other...
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by culture and social norms by examining their saving and bequest behavior. To summarize our main findings, we find that … the Japanese are not a saving-loving people and that their saving behavior is not governed by culture and social norms …, we argue that these findings do not necessarily mean that culture and social norms do not matter. …
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