Political economy with affect: On the role of emotions and relationships in political economics
Frans van Winden ()
European Journal of Political Economy, 2015, vol. 40, issue PB, 298-311
Abstract:
This paper discusses and provides experimental evidence on the role of emotions and, in particular, the neglected role of endogenous affective relationships (bonding) in three key areas of political economy: (i) appropriation, with compliance or resistance as response; (ii) competition for access to appropriation and its potential for escalation and de-escalation of the inherent conflict; and (iii) determinants of (large scale) collective action. To that purpose, a series of experiments on power-to-take games and public good games are presented and put into perspective. Furthermore, the relevance of an affective social ties model for explaining these experimental findings is investigated. Finally, some important political economic implications are addressed.
Keywords: political economy; emotions; relationships; appropriation; conflict; collective action (search for similar items in EconPapers)
JEL-codes: C90 D72 D74 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (12)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:poleco:v:40:y:2015:i:pb:p:298-311
DOI: 10.1016/j.ejpoleco.2015.05.005
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