The behavioral impact of emotions in a power-to-take game an experimental study
The power-to-take game is a simple two player game where players are randomly divided into pairs consisting of a take authority and responder. Both players in each pair have earned an income in an individual real effort decision-making experiment preceding the take game. The game consists of two sta...
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| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
Munich
Univ., Center for Economic Studies
2000
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| Schriftenreihe: | CESifo working paper series
328 |
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Tag hinzufügen | Zusammenfassung: | The power-to-take game is a simple two player game where players are randomly divided into pairs consisting of a take authority and responder. Both players in each pair have earned an income in an individual real effort decision-making experiment preceding the take game. The game consists of two stages. In the first stage, the take authority decides how much of the earned income of the responder that is left after the second stage will be transfered to the take authority (the so-called take rate). In the second stage, the responder can punish the take authority by destroying (part of) his or her earned income. In this experimental study, we are primarily interested in how emotions influence responder behavior. Our findings are the following. (1) A higher take rate significantly increases the intensity of irritation, contempt, and envy, and significantly decreases the intensity of joy and happiness. Since negative emotions are experienced as painful, there is direct hedonic impact. (2) Irritation and contempt drive punishment behavior. (3) There are discontinous"jumps" in the behavior of responders. They either choose no punishment (destroy nothing) or the highest level of punishment (destroy everything). (4) Expectations have a significant effect on the probability of punishment but not on the intensity of experienced emotions. This last result is explained in terms of norm-related regulations of emotions. |
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| Beschreibung: | Literaturverz. S. 17 - 19 Auch im Internet unter der Adresse ftp://129.187.96.124/CESifo_WP/328.pdf verfügbar |
| Beschreibung: | 21 S |