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Negotiations frequently end in conflict after one party rejects a final offer. In a large-scale internet experiment, we investigate whether a 24-hour cooling-off period leads to fewer rejections in ultimatum bargaining. We conduct a standard cash treatment and a lottery treatment, where subjects...
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. In this experimental study, we are primarily interested in how emotions influence responder behavior. Our findings are … significantly decreases the intensity of joy and happiness. Since negative emotions are experienced as painful, there is direct …) Expectations have a significant effect on the probability of punishment but not on the intensity of experienced emotion. This last …
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We introduce a concept of emotions that emerge when workers compare their own performance with the performances of co …-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is analyzed within the framework of rank … from emotional workers. In this case, he clearly prefers unfair to fair tournaments. Furthermore, the concept of emotions …
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theoretic model showing how endogenous emotion-based punishment can sustain ull cooperation when interactions are not repeated …The first aim of this paper is to revisit the puzzle of cooperation in large-scale societies.It proposes a game …
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