We introduce a dynamic model of emotional behavior regulation that can generalize to a wide range of decision dilemmas. Dilemmas are characterized by availability of mutually exclusive goals that a decision maker is dually motivated to pursue. In our model, previous goal pursuant decisions...

How and why commuting contributes to our well-being is of considerable importance for transportation policy and planning. This paper analyses the relation between commuting and subjective well-being by considering several cognitive (e.g., satisfaction with family life, leisure, income, work,...

Vor dem Hintergrund nicht hinreichend berücksichtigter situationsinvarianter Konstrukte im Marketing stellt sich die Frage nach einer besseren Verhaltensprognose psychographischer Konstrukte. Die Untersuchung macht deutlich, dass emotionale Grundhaltungen zur Erklärung genereller...

Many scholars turn to emotions to understand irrational behavior. We do the opposite: we turn to rationality and game theory to understand people's emotions. We discuss a striking theory of emotions that began with the game theory of credible threats and promises, then was enriched by...

We introduce a dynamic model of emotional behavior regulation that can generalize to a wide range of decision dilemmas. Dilemmas are characterized by availability of mutually exclusive goals that a decision maker is dually motivated to pursue. In our model, previous goal pursuant decisions...

How and why commuting contributes to our well-being is of considerable importance for transportation policy and planning. This paper analyses the relation between commuting and subjective well-being by considering several cognitive (e.g., satisfaction with family life, leisure, income, work,...

Many job posts require one to display emotions specified by organisational standards. Such work is referred to as emotional labour (EL) and consists in producing particular emotional reactions in contacts with a customer as well as suppressing the actual emotional reactions that could be seen...

I examine teenage pregnancy in Ghana, focusing on the role and interplay of Ghanaian and English reading skills, formal educational attainment, and adult literacy program participation. Pursuing several alternative identification strategies three main results are established. First, I confirm...

This paper studies the effect of investor sentiment on the London stock market on a daily basis over the period 1899 to 2010. We use a broad mix of reporting from the Financial Times as our proxy for investor sentiment. The main contribution of this paper is threefold. First, newspaper...

Many scholars turn to emotions to understand irrational behavior. We do the opposite: we turn to rationality and game theory to understand people’s emotions. We discuss a striking theory of emotions that began with the game theory of credible threats and promises, then was enriched by...

Individuals face competitive environments daily, and it is important to understand how emotions affect behavior in these environments and resulting economic consequences. Using a two-stage laboratory experiment, I analyze the role of reported emotions in tournament performance and assess how the...

Low probability events are overweighted in the pricing of out-of-the-money index puts and single stock calls. We find that this behavioral bias is strongly time-varying, linked to equity market sentiment, and higher moments of the risk-neutral density. An implied volatility (IV) sentiment...

In crowdfunding, start-ups can voluntarily communicate with their investors by posting updates. We investigate whether start-ups strategically use updates, which were previously shown to increase investments. To this end, we use hand-collected data of 751 updates and 39,036 investment decisions...

This paper studies the implications of heterogeneous capital gain expectations on output and asset prices. We consider a disequilibrium macroeconomic model where agents' expectations on future capital gains affect aggregate demand. Agents' beliefs take two forms - fundamentalist and chartist -...

Low probability events are overweighted in the pricing of out-of-the-money index puts and single stock calls. This behavioral bias is strongly time-varying, and is linked to equity market sentiment and higher moments of the risk-neutral density. We find that our implied volatility (IV) sentiment...

This paper studies the implications of heterogeneous capital gain expectations on output and asset prices. We consider a disequilibrium macroeconomic model where agents' expectations on future capital gains affect aggregate demand. Agents' beliefs take two forms - fundamentalist and chartist -...

We retrieve news stories and earnings announcements of the S&P 100 constituents from two professional news providers, along with ten macroeconomic indicators. We also gather data from Google Trends about these firms’ assets as an index of retail investors’ attention. Thus, we create an...

The focused leader: focus inward, outward, and on others / by Daniel Goleman -- Break the cycle of distraction using your emotional intelligence: use self-awareness to address the causes of your stress / by Kandi Wiens -- To improve your focus, notice how you lose it: the four phases of...

"Leadership is the habit of making good choices. Even in difficult and uncertain circumstances, the most effective leaders focus their attention and overcome entrenched patterns of behavior to push an organization to new heights of success. This capability is no fluke: the latest research on the...