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

prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …

This chapter argues that the neglect of emotion in economic models explains their inability to predict important … reduction in pay, we argue that the reaction of workers is dominated by emotions. On the other hand, an increase in the nominal … producing a more measured response. We present evidence from experiments showing that self-reported emotions respond strongly to …

The paper provides evidence that happiness raises productivity. In Experiment 1, a randomized trial is designed. Some … the robustness and lasting nature of this kind of effect, a complementary Experiment 2 is designed. In this, major real …-world unhappiness shocks – bereavement and family illness – are studied. The findings from (real-life) Experiment 2 match those from …

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 … 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 …

-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 …

aspects of decision-making. Consistent with evidence from neuroscience, the worker may experience conflicting cognitive and …