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form motivated beliefs in order to improve their subjective anticipation of the future political outcome. In equilibrium … evidence produces a temporary polarization of beliefs, but that disclosing unequivocal information eliminates the disagreement. …
Persistent link: https://www.econbiz.de/10011899691
when individuals derive anticipatory utility from holding motivated, overly optimistic beliefs about the workload they need … for motivated reasoning allows workers to hold substantially more optimistic beliefs and identify a causal link between … the exogenous variation in beliefs and the deferral of work to the future. This systematic belief-based delay of work …
Persistent link: https://www.econbiz.de/10014487122
form self-serving beliefs about the suffering of animals caused by meat consumption in order to alleviate the guilt … demand for meat, and a causal effect of prices and aggregate consumption on individual beliefs. …
Persistent link: https://www.econbiz.de/10012034136
During the COVID-19 pandemic, the introduction of mandatory face mask usage triggered a heated debate. A major point of controversy is whether community use of masks creates a false sense of security that would diminish physical distancing, counteracting any potential direct benefit from...
Persistent link: https://www.econbiz.de/10013190882
Governments across the world have implemented restrictive policies to slow the spread of COVID-19. Recommended face mask use has been a controversially discussed policy, among others, due to potential adverse effects on physical distancing. Using a randomized field experiment (N=300), we show...
Persistent link: https://www.econbiz.de/10012266514
During the COVID-19 pandemic, the introduction of mandatory face mask usage was accompanied by a heated debate. It was argued that community use of masks creates a false sense of security that could decrease social distancing, thus making matters worse. We conducted a randomized field experiment...
Persistent link: https://www.econbiz.de/10012241588
Different methods of eliciting long-run expectations yield data that predict economic choices differently well. We ask members of a wide population sample to make a 10-year investment decision and to forecast stock market returns in one of two formats: they ei- ther predict the average of annual...
Persistent link: https://www.econbiz.de/10015437172
This paper examines whether the rounding of survey responses in the case of probabilistic question formats is related to expectation uncertainty. Using data from a survey on macroeconomic expectations of private households in Germany, we analyze self-reported reasons for rounding probabilistic...
Persistent link: https://www.econbiz.de/10015451424
The ZEW Financial Market Survey is a monthly panel survey among financial market experts that was launched in December 1991. The survey focuses on the experts’ expectations about international financial markets and macroeconomic developments. We describe the ZEW Financial Market Survey and the...
Persistent link: https://www.econbiz.de/10012793658
We replicate Meissner (2016) where debt aversion was reported for the first time in an intertemporal consumption and saving problem. While Meissner (2016) uses a German sample, our subjects are US undergraduate students. All of the main findings from the original study replicate, with similar...
Persistent link: https://www.econbiz.de/10012799407