title: Negative Emotion Accumulation and Personal Motivation creator: Staner, Clément subject: ddc-330 subject: 330 Economics description: Understanding how emotions stemming from negative outcomes affect investment decisions is critical for studying choice under uncertainty. I build a framework to study how past and anticipated negative emotions interact with an agent’s preference and environment to influence her investment level. I show that the dynamic effect of emotions on decisions is more complicated than previously thought and requires a careful analysis of the decision environment to build correct predictions. Using baseball data, I show how to use the theoretical framework empirically to investigate the dynamic impact of emotion and find that it leads to suboptimal pitch velocity decisions. date: 2024 type: Working paper type: info:eu-repo/semantics/workingPaper type: NonPeerReviewed format: application/pdf identifier: https://archiv.ub.uni-heidelberg.de/volltextserver/35773/7/Staner_Negative_Emotion_dp757_2024.pdf identifier: DOI:10.11588/heidok.00035773 identifier: urn:nbn:de:bsz:16-heidok-357737 identifier: Staner, Clément (2024) Negative Emotion Accumulation and Personal Motivation. [Working paper] relation: https://archiv.ub.uni-heidelberg.de/volltextserver/35773/ rights: info:eu-repo/semantics/openAccess rights: http://archiv.ub.uni-heidelberg.de/volltextserver/help/license_urhg.html language: eng