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Whether questions and answers are transmitted between interviewer and respondent by visual or aural communication can affect the responses given. We hypothesise that communication channel can affect either the respondent's understanding of the question or the tendency to satisfice. These effects...
Persistent link: https://www.econbiz.de/10010288987
A large experimental and empirical literature on asymmetric dominance and attraction effects shows that the probability that an alternative is chosen can increase if additional alternatives become available. Hence context matters and choices and, therefore, market shares can not be accurately...
Persistent link: https://www.econbiz.de/10005627830
Whether questions and answers are transmitted between interviewer and respondent by visual or aural communication can affect the responses given. We hypothesise that communication channel can affect either the respondent's understanding of the question or the tendency to satisfice. These effects...
Persistent link: https://www.econbiz.de/10009628144
This paper aims to investigate market participants' reactions to sequential information, presenting firm-specific news and market-wide information. Experimental study takes place in the COVID-19 pandemic era, as market-wide information representation. We also provide firm-specific information in...
Persistent link: https://www.econbiz.de/10014281264
their estimate of the underlying value. Momentum arises when the belief about the variance of the noise is different from … the true variance. Momentum is the norm, not an exception. Momentum is a manifestation of noise …
Persistent link: https://www.econbiz.de/10013062034
Persistent link: https://www.econbiz.de/10014543526
This paper examines the effects of different cultural backgrounds on decisions from experience. In Experiment 1, participants from Denmark, Israel, and Taiwan faced each of six binary choice problems for 200 trials. The participants did not receive prior description of the payoff distributions,...
Persistent link: https://www.econbiz.de/10011031503
Persistent link: https://www.econbiz.de/10010376922
Persistent link: https://www.econbiz.de/10015098388
This paper aims to investigate market participants' reactions to sequential information, presenting firm-specific news and market-wide information. Experimental study takes place in the COVID-19 pandemic era, as market-wide information representation. We also provide firm-specific information in...
Persistent link: https://www.econbiz.de/10014544423