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Autor:innen: 
Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
MAGKS Joint Discussion Paper Series in Economics No. 17-2015
Verlag: 
Philipps-University Marburg, Faculty of Business Administration and Economics, Marburg
Zusammenfassung: 
This paper develops a method to integrate affective reponses into game theoretical models. We illustrate our method in a team production framework. The model analyzes how concave and convex status preferences for esteem solve the problem of team production under complete and incomplete information about workers' abilities. Using a dual selves model, we model the choice of effort as a deliberative decision and the expression of esteem as an affective response. Modeling an individual's affective system as a seperate player allows us to apply standard game-theoretic solution concepts to analyze affective responses.
JEL: 
D03
D21
D8
M5
Dokumentart: 
Working Paper

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