This paper addresses the role of affect and emotions in shaping the behavior of responders in the ultimatum game. A …; however, in contrast to anger, envy does not trigger rejections and is dissociated from the decision to accept or reject an …

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 …