Frustration, aggression, and anger in leader-follower games

Pierpaolo Battigalli (), Martin Dufwenberg and Alec Smith

Games and Economic Behavior, 2019, vol. 117, issue C, 15-39

Abstract: Frustration, anger, and blame have important consequences for economic and social behavior, concerning for example monopoly pricing, contracting, bargaining, 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 a class of two-stage games.

Keywords: Frustration; Anger; Blame; Belief-dependent preferences; Psychological games; Threats (search for similar items in EconPapers)
JEL-codes: C72 D01 D91 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (31)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:117:y:2019:i:c:p:15-39

DOI: 10.1016/j.geb.2019.06.001

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