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In this contribution, we investigate the effects of observation-only and observation with feedback from a third-party, in a one-shot dictator game (DG). In addition to a baseline condition (DG), a third-party anonymous subject is introduced who either silently observes or observes and gives...
Persistent link: https://www.econbiz.de/10010933141
This article studies the joint determination of beliefs about the economic impact of immigration and immigration policy … results stress the important role of the endogenous determination of beliefs, which appears as a major determinant of policy … preferences. Moreover, media exposure appears as a key determinant of beliefs: individuals who spend more time to get informed on …
Persistent link: https://www.econbiz.de/10010929997
given set of beliefs and remains optimal when these beliefs are changed, then the set of optimal allocations of the two … economies must actually coincide. We identify equivalence classes of beliefs giving rise to the same set of Pareto optimal …
Persistent link: https://www.econbiz.de/10010750634
players realize that their own actions modify their opponent's beliefs and actions, they might play certain actions to this … their beliefs in order to take account of the reaction of their opponents to their own action. Second, we examine if players …
Persistent link: https://www.econbiz.de/10010750958
update their beliefs about the probability of being audited, both before and after audits are definitely withdrawn. We find … that when individuals have initially experienced systematic audits, they decrease both their beliefs and their … irregular, they maintain high beliefs about the probability of being audited and continue cooperating long after audits have …
Persistent link: https://www.econbiz.de/10010899359
different determinants of the choice to enter a competition : beliefs and the competition level. As far as entry in the … information on their own performance while men seem to respond more to their beliefs concerning the level of the competition they … will be evolving in. Finally, both men and women deviate from their bayesian beliefs and become too pessimistic (optimistic …
Persistent link: https://www.econbiz.de/10010635082
different beliefs about how policy choices will map into future economic outcomes. We show that when the incumbent party can …-serving behavior by political parties, but rather stems from their differing beliefs about the consequences of their actions. …
Persistent link: https://www.econbiz.de/10011025902
know whether the decision maker has wrong beliefs and whether it matters or not, that it makes it possible to better model …
Persistent link: https://www.econbiz.de/10010738628
The aim of the paper is to analyze the impact of heterogeneous beliefs in an otherwise standard competitive complete … consumer to investigate the impact of beliefs heterogeneity on the CCAPM and on the expression of the risk free rate. We focus …
Persistent link: https://www.econbiz.de/10008788886
In this paper, we reconsider Ludwig von Mises and Friedrich Hayek's theories of business cycles in the light of their methodological approach. In the first part, we clarify Mises and Hayek's methodological frameworks in order to provide a better understanding of their programmatic approach of...
Persistent link: https://www.econbiz.de/10008790672