Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/108799
Authors: 
Battigalli, Pierpaolo
Dufwenberg, Martin
Smith, Alec
Year of Publication: 
2015
Series/Report no.: 
CESifo Working Paper 5258
Abstract: 
Frustration, anger, and aggression have important consequences for economic and social behavior, concerning for example monopoly pricing, contracting, bargaining, traffic safety, violence, and politics. Drawing on insights from psychology, we develop a formal approach to exploring how frustration and anger, via blame and aggression, shape interaction and outcomes in economic settings.
Subjects: 
frustration
anger
blame
belief-dependent preferences
psychological games
JEL: 
C72
D03
Document Type: 
Working Paper

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