Showing 1 - 5 of 5
experiment underlines the crucial role of early commitment for consistency preferences. Finally we show how preferences for …
Persistent link: https://www.econbiz.de/10009228620
consumption have direct utility consequences. This gives rise to informational preferences, i.e., preferences over the timing and … structure of information. Using a novel and purposefully simple set-up, we experimentally analyze preferences for information …. Variations in prior distributions do not seem to affect information preferences …
Persistent link: https://www.econbiz.de/10012981291
experiment underlines the crucial role of early commitment for consistency preferences. Finally we show how preferences for …
Persistent link: https://www.econbiz.de/10013121870
Many information structures generate correlated rather than mutually independent signals, the news media being a prime example. This paper shows experimentally that in such contexts many people neglect these correlations in the updating process and treat correlated information as independent. In...
Persistent link: https://www.econbiz.de/10013072106
Social interactions pervade daily life and thereby create an abundance of social experiences. Such personal experiences likely shape what we believe and who we are. In this paper, we ask if and how personal experiences from social interactions determine individuals’ inclination to trust...
Persistent link: https://www.econbiz.de/10013315368