Rationality and emotions

Kirman, Alan; Livet, Pierre; Teschl, Miriam

doi:10.1098/rstb.2009.0194

Cited by 37 publications

(20 citation statements)

References 22 publications

(19 reference statements)

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“…The myopic agents evaluate their payoffs in the nearest neighbors, thus each agent has , every agent evaluates and as an adaptation of eq. (1), (3) and (4), we can write the pay off (10) λ denotes the number of , that has made the respective agent envious, (11) is the average of the average decision of neighbors for ordinary consumption. Thus, an agent would stay with the same fraction of ordinary consumption if her payoff is larger than the average payoff of her neighbors and change her decision into the averag representation of agents placed while the global dimensional grids are pasted together with the highest, and .…”

Section: Experiments With Spatially-bounded Agentsmentioning

confidence: 99%

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Landscape in the Economy of Conspicuous Consumptions

Situngkir

2010

SSRN Journal

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Psychological states side by side with the bounded rational expectations among social agents contributes to the pattern of consumptions in economic system. One of the psychological states are the envy -a tendency to emulate any gaps with other agents' properties. The evolutionary game theoretic works on conspicuous consumption are explored by growing the micro-view of economic agency in lattice-based populations, the landscape of consumptions. The emerged macro-view of multiple equilibria is shown in computational simulative demonstrations altogether with the spatial clustered agents based upon the emerged agents' economic profiles.

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Section: Experiments With Spatially-bounded Agentsmentioning

confidence: 99%

“…Emotional based decision making among economic agents might have been one of explanation to the deviation of rationality in the sense of conventional understanding (cf. [10]), beside the realizations on the social boundedness on which rational choices must be taken ( [16] & [9]). …”

Section: Introductionmentioning

confidence: 99%

Landscape in the Economy of Conspicuous Consumptions

Situngkir

2010

SSRN Journal

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“…When interacting with other individuals, factors like empathy, emotional contagion, or social learning may take place [Kirman et al, 2009], and hence may generate emotional experiences. Some of these phenomena are grounded on the theory of mind (ToM) [Whiten, 1991], which studies the human ability to attribute mental states (like beliefs, desires, or intentions) to other people, and to use those mental states to reason or to feel like others would do.…”

Section: Emotions and Social Interactionmentioning

confidence: 99%

“…Emotions "serve as a powerful organizing force, not just for behavior, but for perception, judgment, and memory" [Levine & Pizarro, 2004]. Having been inspired by philosophical and psychological studies on affect-related issues and their relationship with rationality and cognition [Greenspan, 2004;Kirman et al, 2009;Levine & Pizarro, 2004], we have made a selection of affective phenomena, each of which are described in Sections 2.2.1 to 2.2.7. These sections mainly focus on the relation between these affective phenomena and cognition and these affective phenomena and behavior, by emphasizing the changes produced in the individual informational state (represented by beliefs), motivational state (represented by desires), and deliberative state (represented by intentions).…”

Section: Emotions In Cognition and Practical Reasoningmentioning

confidence: 99%

“…Emotions also play an important role in social interactions, or help to narrow the set of possible options in decision-making [Greenspan, 2004;Kirman et al, 2009;Levine & Pizarro, 2004]. Emotions "serve as a powerful organizing force, not just for behavior, but for perception, judgment, and memory" [Levine & Pizarro, 2004].…”

Section: Emotions In Cognition and Practical Reasoningmentioning

confidence: 99%

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Agents with Affective Traits for Decision-Making in Complex Environments

Espinosa¹

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AcknowledgmentsEs casi imposible realizar un proyecto a largo plazo sin apoyo alguno y terminar ileso. Éste no está exento. Muchas palabras de aliento y mucho apoyo en todos los sentidos han estado detrás de este trabajo.Quiero destacar, ante todo, el apoyo de mis directores Emilio y Vicente, quienes, además de ser unos profesionales e investigadores excelentes, también, y ante todo, son excelentes personas. A Vicente quiero agradecerle por brindarme la oportunidad de trabajar en la investigación como un miembro más del GTI, lo cual ha sido una experiencia única y muy enriquecedora para mi. A Emilio por su apoyo, comprensión e implicación en todos los sentidos en los momentos necesarios, y por estar siempre a mano de una reunión improvisada o de un Skype. También quiero agradecer a Ximo, con quien hemos conformado un gran equipo y de quien también he tenido ayuda y palabras de aliento en los momentos más críticos.I would also like to thank Stacy Marcella for allowing me to work with him and with Margot Lhommet on the CESAR lab at the Northeastern University.I am deeply grateful for the time they devoted to me and for their collaboration together with David Pynadath. It was a really enriching experience in every sense. On his research group I found, not only really good researchers, but also great human beings. Thanks to Stacy, Sophie, Yuyu, Dan, and Margot for their warm reception.El llevar a término este trabajo también se debe al buen ambiente de trabajo del que he tenido la suerte de disfrutar. Por ello me gustaría agradecer a todos los miembros de GTI. Al trabajar con ellos se tiene todo en un pack: compañerismo, amabilidad, talento y humanismo. Especialmente quisiera v agradecer a mis antiguos compañeros de laboratorio Mario, Ricard, Raúl y Juan Andrés, con quienes he tenido la suerte de compartir un ambiente de trabajo excelente y además una buena amistad. También agradecer a mis compañeros Elena, Stella, Joan, Juanmi, María, Jaime, Jaume, Javi, Mohanad, Ângelo y a todos los que en algún momento tuvieron unas palabras de aliento y apoyo para no desfacellecer antes de llegar al final del camino.Por ultimo, y por ello no menos importante, quisiera agradecer a mi familia y resto de amigos, que aunque algunos están en la distancia, siempre han sido mi fortaleza y mi fuente de inspiración. Especialmente a mi madre, quien consciente o inconscientemente, siempre ha sido un motor y un ejemplo de espíritu de lucha contra todo tipo de adversidad y contra todo pronóstico negativo. Gracias también a Mari Carmen, Paco, Águeda, Derik, quienes estuvieron ahí para echar una mano o dar ánimos cuando se necesitaba. Y gracias a David, quien también es autor indirecto de este trabajo por el ánimo y el apoyo que me ha dado y sin el cual el final de este camino hubiese sido más incierto. vi SummaryRecent events have probably lead us to wonder why people make decisions that seem to be irrational, and that go against any easily understandable logic. The fact that these decisions are emotionally driven often explains what, at firs...

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The Price of Envy—An Experimental Investigation of Spiteful Behavior

Wobker

2014

Manage Decis Econ

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When receiving less resources than a competitor, envy may be evoked that may result in spiteful behavior. This paper applies evolutionary theory to understand envy and its outcomes. A theoretical framework is developed that is based on the cause-effect relationships of unequal outcomes, envy, defection of cooperation, and welfare loss. To test this framework, an experiment with 136 participants is run. The results confirm that receiving less than another can indeed lead to experiences of envy and defection of future cooperation, producing a welfare loss of one-sixth.

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Rationality and emotions

Cited by 37 publications

References 22 publications

Landscape in the Economy of Conspicuous Consumptions

Landscape in the Economy of Conspicuous Consumptions

Agents with Affective Traits for Decision-Making in Complex Environments

The Price of Envy—An Experimental Investigation of Spiteful Behavior

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