Showing 1 - 10 of 2,076
European countries for more than a decade, we estimate time-varying individual level bias in 'survival expectations' (BSE) at …
Persistent link: https://www.econbiz.de/10013405964
their impact on attitudes towards redistributive policies. An experimental design incorporated into the survey provides … attitudes provides an alternative explanation for the relatively low degree of redistribution observed in modern democracies …
Persistent link: https://www.econbiz.de/10013125167
We perform an incentivized experiment designed to assess the accuracy of beliefs about characteristics and decisions … test two main hypotheses: (i) whether for items not perfectly observable, individuals suffer of some type of bias in these … beliefs; (ii) whether this bias would disappear for weight and height, when the information is perfectly available. We find a …
Persistent link: https://www.econbiz.de/10013026876
attention. This paper analyzes the dramatic impact of sample attrition in a large job search experiment. We take advantage of …
Persistent link: https://www.econbiz.de/10013159683
We study the impact of media bias on tax compliance. Through a framed laboratory experiment, we assess how the exposure … significant reaction in respect to the neutral condition, suggesting that participants perceive the media negativity bias in the …
Persistent link: https://www.econbiz.de/10012842051
relatively. We test three different theories about observed relative overconfidence. The first theory notes that simple … on 1,016 individuals' relative ability judgments about two cognitive tests rejects the Bayesian model. The second theory … might make this belief worse. Our data also reject this prediction. The third theory is that overconfidence is induced by …
Persistent link: https://www.econbiz.de/10013146457
We challenge the recent claim that mispricing in the experimental asset markets introduced by Smith, Suchanek, and Williams (1988) is merely an artefact of confusion over declining fundamental value, and can be eliminated through appropriate training. We instead propose that when training is...
Persistent link: https://www.econbiz.de/10013099096
Many information structures generate correlated rather than mutually independent signals, the news media being a prime example. This paper shows experimentally that in such contexts many people neglect these correlations in the updating process and treat correlated information as independent. In...
Persistent link: https://www.econbiz.de/10013082140
We design an experiment to test the hypothesis that, in violation of Bayes Rule, some people respond more forcefully to … information, and control for risk attitude. We find that the strength-weight bias affects expectations, but that its magnitude is … significantly lower than originally reported. Controls for non-linear utility further reduce the bias. Our results suggest that …
Persistent link: https://www.econbiz.de/10013014015
broken, and guilt is exacerbated by higher interaction prices. An experiment qualitatively confirms our predictions: (1) most …
Persistent link: https://www.econbiz.de/10013146471