Frustration and Anger in Games

Pierpaolo Battigalli (), Martin Dufwenberg and Alec Smith

No 5258, CESifo Working Paper Series from CESifo

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.

Keywords: frustration; anger; blame; belief-dependent preferences; psychological games (search for similar items in EconPapers)
JEL-codes: C72 D03 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

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Working Paper: Frustration and Anger in Games (2015)
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