Emotion Regulation and Bidding in Auctions

Inhaltsverzeichnis (Table of Contents)

• 1 Introduction
• 2 Emotion regulation.
• 2.1 Basic principles by Gross
• 2.1.1 Emotion regulation strategies
• 2.1.2 Effects and consequences
• 2.1.3 Psychophysiological measures
• 2.2 Heart rate variability (HRV)
• 2.2.1 Emotions and heart rhythm patterns
• 2.2.2 Physiological basics of HRV.
• 2.2.3 HRV analysis..
• 2.3 Existing experimental studies in economics.
• 2.3.1 The Ultimatum Game
• 2.3.2 The Framing Effect.
• 2.3.3 Decision-making under risk and uncertainty ..
• 2.3.4 Auctions and financial market.
• 2.3.5 Overview.
• 3 Experimental results
• 3.1 Experiments..
• 3.1.1 All experiments......
• 3.1.2 Regret experiment....
• 3.1.3 Emotion induction experiment..\li>
• 3.1.4 Human versus computer experiment ..
• 3.2 Discussion.
• 4 Conclusion and outlook

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This bachelor thesis explores the relationship between emotion regulation and bidding behavior in auctions. It aims to investigate the impact of emotional processing on economic decision-making, particularly in the context of auctions. The study focuses on the role of heart rate variability (HRV) as an objective measure of emotional regulation and its influence on bidding behavior.

• The influence of emotion regulation strategies on economic decision-making.
• The role of heart rate variability (HRV) as a physiological measure of emotional regulation.
• The impact of emotional states on bidding behavior in auctions.
• The relationship between emotional processing and cognitive processes in economic decision-making.
• The potential applications of physiological measurements in understanding economic behavior.

Zusammenfassung der Kapitel (Chapter Summaries)

The thesis begins with an introduction that highlights the growing interest in understanding the role of emotions in economic decision-making. It discusses the concept of emotion regulation and its significance in economics, emphasizing the importance of physiological measures like HRV in providing insights into emotional processing.

Chapter 2 delves into the theory of emotion regulation, focusing on the work of Gross and John. It explores different emotion regulation strategies, their effects, and the role of psychophysiological measures, particularly HRV. The chapter then examines the physiological basics of HRV and its relevance in economic decision-making, citing research on the Ultimatum Game, the Framing Effect, and decision-making under risk and uncertainty.

Chapter 3 presents the experimental results of the study, which investigated the impact of emotion regulation on bidding behavior in auctions. The chapter describes the different experiments conducted, including those on regret, emotion induction, and human versus computer interaction.