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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 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
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 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
This paper investigates the determinants of inflation target credibility (ITC) using a unique survey we designed to measure the credibility of the ECB's inflation target. Containing over 200,000 responses from German consumers collected between January 2019 and November 2024, our dataset enables...
Persistent link: https://www.econbiz.de/10015173585
As central banks, including the European Central Bank (ECB), adopt climaterelated responsibilities, gauging public support becomes essential. Drawing on a June 2023 Bundesbank household survey, we find that 69% of households report increased trust in the ECB due to its climate actions, valuing...
Persistent link: https://www.econbiz.de/10015205426
Inflation expectations are often found to depend on socioeconomic and demographic characteristics of households, such as age, income and education, however, the reasons for this systematic heterogeneity are not yet fully understood. Since accounting for these expectation differentials could help...
Persistent link: https://www.econbiz.de/10009777699
beliefs about stock market returns and exhibit desirable external validity: they predict real-life stock market participation …
Persistent link: https://www.econbiz.de/10010413601