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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 …
Persistent link: https://www.econbiz.de/10011333886
Persistent link: https://www.econbiz.de/10001792640
We investigate experimentally whether emotions affect bidding behavior in a first price auction. To induce emotions, we … between emotions and bidding behavior in a second auction series. Our main results are: (i) the economic shock has a … substantial impact on the experienced emotions of bidders; (ii) the emotional state systematically influences bidding behavior …
Persistent link: https://www.econbiz.de/10014030294
Persistent link: https://www.econbiz.de/10001818255
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 …
Persistent link: https://www.econbiz.de/10010324866
authority and responder. Both players in each pair have earned an income in an individual real effort decision-making experiment …. 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 …
Persistent link: https://www.econbiz.de/10009781606
Persistent link: https://www.econbiz.de/10010502918
This paper experimentally investigates how emotions are associated with option prices and risk perception. Using a … binary lottery, we find evidence that the emotion 'surprise' plays a significant role in the negative correlation between … emotions and affect. We find gratitude, admiration, and joy to be positively associated with risk perception, although the …
Persistent link: https://www.econbiz.de/10010427973
-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 … happiness. Sincenegative emotions are experienced as painful, there is direct hedonicimpact. (2) Irritation and contempt drive …
Persistent link: https://www.econbiz.de/10011301155
-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 … happiness. Sincenegative emotions are experienced as painful, there is direct hedonicimpact. (2) Irritation and contempt drive …
Persistent link: https://www.econbiz.de/10010324423