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Impunity under pressure: On the role of emotions as a commitment device

Loukas Balafoutas () and Tarek Jaber-Lopez

Economics Letters, 2018, vol. 168, issue C, 112-114

Abstract: We examine the emotional component of rejections in the Impunity Game in a dual-process framework. Subjects reject unfair offers more frequently when decisions are taken under time pressure. This supports the role of emotions as a commitment device.

Keywords: Emotions; Commitment model; Impunity game; Time pressure; Experiment (search for similar items in EconPapers)
JEL-codes: C91 D91 D63 (search for similar items in EconPapers)
Date: 2018
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DOI: 10.1016/j.econlet.2018.04.027

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