importanceof anticipatory emotions has so far been only inferred from decisions regarding hypothetical choiceproblems, we had … participants put their own money at risk in a real investment task. Moreover,emotions were explicitly measured, including … anticipatory emotions experienced during the waitingperiod under delayed resolution (which involved two days). Affective traits and …

authority and responder.Both players in each pair have earned an own income in an individual realeffort decision …-making experiment preceding the take game. The gameconsists of two stages. In the first stage, the take authority decides howmuch income … primarily interested in how emotions influenceresponder behavior. Our findings are the following. (1) A higher take …

emotions, and their interaction with responders. We find that fairness plays an important role in the behavior of proposers …

We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we … between emotions andbidding behavior in a second auction series. Our main results are: (i) the economic shock has asubstantial … impact on the experienced emotions of bidders; (ii) the emotional statesystematically influences bidding behavior. In …

through institutional as well as emotional mechanisms. Recent studies emphasize the importance of negatively valued emotions …, such as anger, which motivate individuals to punish free riders. However, these types of emotions also trigger retaliatory … anger, ‘social’ emotions like shame and guilt need to be present for punishment to be an effective deterrent of …

reciprocation. In this study, physiological and self-report measures were employed to investigate the role of emotions, using the …

the intensity of ties between responders impacts the decisions, beliefs, and emotions of both the responders and the take … and expected take rate is a much better predictor of experienced emotions and destruction than the difference between the …

. Dependent on the timing of the global risk different combinations of anticipated and experienced emotions influence decision … variable is the particular decision stage at which a global risk is resolved: (i) before the investment decision; (ii) after … the investment decision, but before the resolution of the decision risk; (iii) after the resolution of the decision risk …

emotions intoaccount. In addition, an (alternative) emotion-basedexplanation is provided for related experimental …’sinvestment decision (like political risk) – substantiallydecreases investment. Also effort to obtain the capital usedfor investment … orientated theories of decision makingunder risk (e.g. prospect theory or regret theory). We discussthe economic relevance of the …