Decision Neuroscience has shown positive and negative side of emotion in intertemporal choices. Psychological evidences point out anomalies (impulsivity modifies the discount function of each individual) and cause the false consensus effect which increases the degree of consensus in a multi-agent decision problem. An experiment (Engelmann and Strobel, 2004) demonstrates that the relevance of the false consensus effect depends on the difficulty of the information retrieval and that the underlying mechanism is an information processing deficiency rather than egocentricity. Then emotions can not cause anomalies in a strategic interaction if there is cooperation among members of decision group.
The intertemporal choice behavior: the role of emotions in a multi-agent decision problem [14 pages]
Ventre V
2015
Abstract
Decision Neuroscience has shown positive and negative side of emotion in intertemporal choices. Psychological evidences point out anomalies (impulsivity modifies the discount function of each individual) and cause the false consensus effect which increases the degree of consensus in a multi-agent decision problem. An experiment (Engelmann and Strobel, 2004) demonstrates that the relevance of the false consensus effect depends on the difficulty of the information retrieval and that the underlying mechanism is an information processing deficiency rather than egocentricity. Then emotions can not cause anomalies in a strategic interaction if there is cooperation among members of decision group.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
