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The Role of Emotion in Economic Behavior

Scott Rick
University of Michigan - Ross School of Business

George Loewenstein
Carnegie Mellon University - Department of Social and Decision Sciences


January 3, 2007


Abstract:     
This article, prepared for the forthcoming third edition of The Handbook of Emotion, surveys behavioral economic and neuroeconomic research on the influence of expected and immediate emotions on decision making under risk, intertemporal choice, and social preferences.

Keywords: Emotion, Behavioral Economics

JEL Classifications: A12, C91, D91, M31

Working Paper Series

Date posted: January 04, 2007 ; Last revised: January 04, 2007

Suggested Citation

Rick, Scott and Loewenstein, George F., The Role of Emotion in Economic Behavior (January 3, 2007). Available at SSRN: http://ssrn.com/abstract=954862


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Contact Information

Scott Rick (Contact Author)
University of Michigan - Ross School of Business ( email )
Ann Arbor, MI 48109
United States
HOME PAGE: http://webuser.bus.umich.edu/srick/
George F. Loewenstein
Carnegie Mellon University - Department of Social and Decision Sciences ( email )
Pittsburgh, PA 15213-3890
United States
412-268-8787 (Phone)
412-268-6938 (Fax)
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References: 108
Citations: 3

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