Showing 1 - 10 of 403
Understanding behavioral aspects of collective decision-making is an important challenge for eco-nomics, and narratives are a crucial group-based mechanism that influences human decision-making. This paper introduces the Character-Role Narrative Framework as a tool to systematically analyze...
Persistent link: https://www.econbiz.de/10014280165
Gender stereotypes pose an important hurdle on the way to gender equality. It is difficult to quantify the problem, though, as stereotypical beliefs are often subconscious or not openly expressed. User-generated content (UGC) opens up novel opportunities to overcome such challenges, as the...
Persistent link: https://www.econbiz.de/10014320085
We study whether large language models (LLMs) can generate suitable financial advice and which LLM features are …
Persistent link: https://www.econbiz.de/10015197292
natural language processing tools with dictionaries to identify sentences containing one or more of seven immigrant narrative …
Persistent link: https://www.econbiz.de/10013418879
Research about narratives' role in economics is scarce, while real word experience and research in other sciences suggest they matter a lot. This article proposes a view and methodology for quantifying the epidemiology of media narratives relevant to business cycles in the US, Japan, and Europe....
Persistent link: https://www.econbiz.de/10011962290
Attention is a pivotal resource in the modern economy and plays an increasingly prominent role in economic analysis. We summarize research on attention from both psychology and economics, placing a particular emphasis on its capacity to explain numerous documented violations of classical...
Persistent link: https://www.econbiz.de/10014383940
Round numbers affect behavior in various domains, e.g., as prominent thresholds or focal points in bargaining. In line with earlier findings, residential real estate transactions in Germany cluster at round-number prices, but there are also interesting (presumably cultural) differences. We...
Persistent link: https://www.econbiz.de/10014426542
We compile data for 186 countries (1919 - 2016) and apply different aggregation methods to create new democracy indices. We observe that most of the available aggregation techniques produce indices that are often too favorable for autocratic regimes and too unfavorable for democratic regimes....
Persistent link: https://www.econbiz.de/10011966711
We study the interplay between scientific progress and culture through text analysis on a corpus of about eight million books, with the use of techniques and algorithms from machine learning. We focus on a specific scientific breakthrough, the theory of evolution through natural selection by...
Persistent link: https://www.econbiz.de/10011966910
To successfully reduce student attrition, it is imperative to understand what the underlying determinants of attrition are and which students are at risk of dropping out. We develop an early detection system (EDS) using administrative student data from a state and a private university to predict...
Persistent link: https://www.econbiz.de/10011906290