Satisfaction and Learning: an experimental game to measure happiness
Marco Novarese () and
Salvatore Rizzello ()
Microeconomics from University Library of Munich, Germany
This paper aims to illustrate the results of an experimental analysis in which - along with organizational coordination - the participants' level of satisfaction was measured. As in the analysis of individual happiness, satisfaction is here measured by explicitly asking players. A series of interesting results emerges: (1) it is possible to measure satisfaction in an experiment; (2) as expected, satisfaction is mainly affected by the score; given this value, there are, nevertheless, other relevant elements affecting it; (3) experience and learning seem also to play a relevant role in influencing the evolution of satisfaction. In fact, a training in a situation in which coordination is difficult, improve the mean levels of satisfaction in the next period. A training in a situation in which players have to interact with strongly opportunistic partners, make players' satisfaction more penalized by the opportunism of the others. These results can be related to the cognitive literature on individual decision making and on Herbert Simon's satisficing model.
Keywords: happiness; experimental economics; satisficing; evolution (search for similar items in EconPapers)
JEL-codes: A12 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe and nep-ltv
Note: Type of Document - PDF; prepared on IBM PC ; to print on HP;
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpmi:0306004
Access Statistics for this paper
More papers in Microeconomics from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().