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This paper explores the role of unilateral and idiosyncratic affection rents ("love") from being married with a …
Persistent link: https://www.econbiz.de/10009792475
mode or were induced to rely either on emotion or reason. Cooperation was measured across a series of commonly used and … individuals who otherwise rely primarily on reason, but not among individuals who already rely primarily on emotion. These … findings suggest that individuals integrate their traits with emotion-based states by substituting their trait rather than …
Persistent link: https://www.econbiz.de/10012237149
emotion or reason, while simultaneously measuring individual decision-making traits. Our results show that decision … taking becomes weaker in the emotion-inducing state and in the loss domain. In contrast, the association between a …
Persistent link: https://www.econbiz.de/10012118611
In this note we shall discuss a concept that - despite its prominence in both Hume (1739) and Smith (1759), its obvious relevance for social behavior, and its not so infrequent use in colloquial language - has never gained a foothold in economic theory: the concept of empathy. Specifically, we...
Persistent link: https://www.econbiz.de/10010233986
We study how institutional design influences moral transgression. People are heterogeneous in their feelings of guilt and can share guilt with others. Institutions determine the number of supporters necessary for immoral outcomes to occur. With more supporters required, every supporter can share...
Persistent link: https://www.econbiz.de/10009763121
Most estimates of the cost of crime focus on victims. Yet it is plausible that an even larger cost of crime occurs via its indirect impact on the mental wellbeing of non-victims. To test how crime affects individuals’ mental outcomes, we exploit detailed panel data on mental wellbeing,...
Persistent link: https://www.econbiz.de/10008988779
Persistent link: https://www.econbiz.de/10011439053
One explanation for overpricing on asset markets is a lack of traders' self-control. Self-control is the individual capacity to override or inhibit undesired impulses that may drive prices. We implement the first experiment to address the causal relationship between self-control abilities and...
Persistent link: https://www.econbiz.de/10011899248
Persistent link: https://www.econbiz.de/10010340493
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