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Naïve learning in social networks with random communication

Heidergott, Bernd; Huang, Jiaping; Lindner, Ines - 2018

We study social learning in a social network setting where agents receive independent noisy signals about the truth. Agents naïvely update beliefs by repeatedly taking weighted averages of neighbors' opinions. The weights are fixed in the sense of representing average frequency and intensity of...

Persistent link: https://www.econbiz.de/10011801379

Naϊve learning in social networks with fake news : bots as a singularity

Badri, Saeed; Heidergott, Bernd; Lindner, Ines - 2022

We study the impact of bots on social learning in a social network setting. Regular agents receive independent noisy signals about the true value of a variable and then communicate in a network. They na¨ıvely update beliefs by repeatedly taking weighted averages of neighbors' opinions. Bots...

Persistent link: https://www.econbiz.de/10013472296

Subjective expectations of medical expenditures and insurance in rural Ethiopia

Yilma, Zelalem; O'Donnell, Owen; Mebratie, Anagaw; … - 2015

Little is known about perceptions of medical expenditure risks despite their presumed relevance to health insurance demand. This paper reports on a unique elicitation of subjective probabilities of medical expenditures from rural Ethiopians who are offered the opportunity to purchase health...

Persistent link: https://www.econbiz.de/10011376274

A behavioral decomposition of willingness to pay for health insurance

Baillon, Aurélien; Kraft, Aleli; O'Donnell, Owen; … - 2019

Despite widespread exposure to substantial medical expenditure risk in low-income populations, health insurance enrollment is typically low. This is puzzling from the perspective of expected utility theory. To help explain it, this paper introduces a decomposition of the stated willingness to...

Persistent link: https://www.econbiz.de/10012122536

Are entrepreneurs more optimistic and overconfident than managers and employees?

Koudstaal, Martin; Sloof, Randolph; Praag, Mirjam van - 2015

entrepreneurs, managers and employees on a comprehensive set of measures of optimism and overconfidence (n = 2,058). The results … when bad events occur. For incentivized measures of overconfidence we find no difference between entrepreneurs and managers … than successful managers. We conclude that optimism and overconfidence are indeed characteristics of entrepreneurs, but …

Persistent link: https://www.econbiz.de/10011378220

Sharing information through delegation and collaboration

Swank, Otto H.; Visser, Bauke - 2004

This article analyzes under which conditions a manager can motivate a junior worker by verbal communication, and explains why communication is often tied up with organizational choices as job enlargement and collaboration. Our model has two important features. First, the manager has more...

Persistent link: https://www.econbiz.de/10011335224

A simple model of self-assessments

Dominguez-Martinez, Silvia; Swank, Otto H. - 2006

We develop a simple model that describes individuals’ self-assessments oftheir abilities. We assume that individuals learn about their abilities from appraisalsof others and experience. Our model predicts that if communicationis imperfect, then (i) appraisals of others tend to be too positive,...

Persistent link: https://www.econbiz.de/10011348342

Deception and self-deception

Schwardman, Peter; Weele, Joël J. van der - 2016

We experimentally investigate the determinants of overconfidence and test the hypothesis, advanced by Robert Trivers …, that overconfidence serves to more effectively persuade or deceive others. After performing a cognitively challenging task …

Persistent link: https://www.econbiz.de/10011441641

Gender and redistribution : experimental evidence

Buser, Thomas; Putterman, Louis G.; Weele, Joël J. van der - 2016

Gender differences in voting patterns and political attitudes towards redistribution are well-documented. The experimental gender literature suggests several plausible behavioral explanations behind these differences, relating to gender differences in confidence concerning future relative income...

Persistent link: https://www.econbiz.de/10011523572

Self-confidence and strategic deterrence

Charness, Gary; Rustichini, Aldo; Ven, Jeroen van de - 2011

Persistent link: https://www.econbiz.de/10010191082