Showing 1 - 10 of 36
business expectations. After controlling for the banks’ refinancing costs, which are also likely to affect the supply of loans …
Persistent link: https://www.econbiz.de/10008498992
by growth expectations. Adaptive learning dynamics determine country-specific short run transition paths. Countries …
Persistent link: https://www.econbiz.de/10009020102
participation; and (b) a double shift in markets’ expectations, from a regime of credible commitment to future EMU participation …
Persistent link: https://www.econbiz.de/10008799726
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee’s assignment of...
Persistent link: https://www.econbiz.de/10010551016
once we use subjective expectations of the number of visits per week at the time of contract choice. Next, we study how …
Persistent link: https://www.econbiz.de/10010877917
-report measures were related to destruction decisions and expectations. The pattern of emotional arousal and its correlation with self …
Persistent link: https://www.econbiz.de/10005766252
This is an experimental study of a three-player power-to-take game where a take authority is matched with two responders. The game consists of two stages. In the first stage, the take authority decides how much of the endowment of each responder that is left after the second stage will be...
Persistent link: https://www.econbiz.de/10005181255
) Expectations have a significant effect on the probability of punishment but not on the intensity of experienced emotion. This last …
Persistent link: https://www.econbiz.de/10005181557
candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …, we manipulate the rational expectations of subjects and check whether this manipulation influences their effort provision …-based reference-dependent preferences: if expectations are high, subjects work longer and earn more money than if expectations are low. …
Persistent link: https://www.econbiz.de/10005051581
We assess the contribution of “undue optimism” (Pigou) to short-run fluctuations. In our analysis, optimism pertains to total factor productivity which determines economic activity in the long run, but is not contemporaneously observed by market participants. In order to recover optimism...
Persistent link: https://www.econbiz.de/10011148853