Showing 1 - 10 of 338
the first round of the Public Goods Game. Regarding age differences, cooperative adults estimated the behavior of players … behavior than adults indicating ongoing development of theory of mind in adolescence …
Persistent link: https://www.econbiz.de/10013088226
the first round of the Public Goods Game. Regarding age differences, cooperative adults estimated the behavior of players … behavior than adults indicating ongoing development of theory of mind in adolescence. …
Persistent link: https://www.econbiz.de/10010877849
-serving behavior by political parties, but rather stems from their differing beliefs about the consequences of their actions. … different beliefs about how policy choices will map into future economic outcomes. We show that when the incumbent party can …
Persistent link: https://www.econbiz.de/10010781549
and treat correlated information as independent. In consequence, people’s beliefs are excessively sensitive to well …-connected information sources, implying a pattern of “overshooting” beliefs. Additionally, in an experimental asset market, correlation …Many information structures generate correlated rather than mutually independent signals, the news media being a prime …
Persistent link: https://www.econbiz.de/10010718532
their personal economic prospects and their behavior. To exogenously vary respondents' expectations we provide them with … behavior and stock purchases. Extrapolation to expectations about personal unemployment is driven by individuals with higher … exposure to macroeconomic risk, consistent with sticky information models in which people are inattentive, but understand how …
Persistent link: https://www.econbiz.de/10012911043
We examine the relationship between the prices paid by households and their shopping patterns measured in terms of shopping frequency and the range of stores visited. We use the TNS data which allows us to control for household heterogeneity. The main contribution of the paper is that we find...
Persistent link: https://www.econbiz.de/10013047319
We examine the relationship between the prices paid by households and their shopping patterns measured in terms of shopping frequency and the range of stores visited. We use the TNS data which allows us to control for household heterogeneity. The main contribution of the paper is that we find...
Persistent link: https://www.econbiz.de/10010888454
to market expansion. Then, we develop a tractable dynamic structural model of consumer behavior, estimate the parameters …
Persistent link: https://www.econbiz.de/10012914682
Beliefs are a central determinant of behavior. Recent models assume that beliefs about or the anticipation of future … structure of information. Using a novel and purposefully simple set-up, we experimentally analyze preferences for information … along four dimensions. We find evidence that the majority of subjects prefers receiving information sooner. This preference …
Persistent link: https://www.econbiz.de/10012981291
education spending and teacher salaries falls when respondents receive information about existing levels. Treatment effects vary … by prior knowledge in a manner consistent with information effects rather than priming. Support for salary increases is …’ lower support for increases. Information about the tradeoffs between specific spending categories shifts preferences from …
Persistent link: https://www.econbiz.de/10013315477