Template-Type: ReDIF-Paper 1.0
Author-Name: Gonzo Damian Antonio
Author-Name-First: Damian Antonio
Author-Name-Last: Gonzo
Title: Do emotions affect strategic sophistication?
Abstract: Anger is a negative emotion commonly experienced by all human beings, and it has proven effects on human cognition. Research in this field has shown that cognitive abilities diminish in angry individuals, a phenomenon referred to as "the depth of thought effect." This paper establishes a causal relationship between anger and the strategic sophistication of subjects in a laboratory setting. The experimental design involves an emotion-induction treatment and a beauty contest to measure the strategic sophistication of participants. Treated subjects report higher levels of anger and choose significantly higher numbers in the game, indicating a negative effect of anger on strategic sophistication.
Length:  11 pages
Creation-Date:  2023-11
File-URL: https://aaep.org.ar/works/works2023/4658.pdf
File-Format: Application/pdf
Number: 4658
Classification-JEL: D1
Handle: RePEc:aep:anales:4658