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We study whether a better knowledge of the functioning of pay-as-you-go pension systems and recent demographic trends in the hosting country affects natives' attitudes towards immigration. In two online experiments in Italy and Spain, we randomly treated participants with a video explaining how,...
Persistent link: https://www.econbiz.de/10014296733
As evidence is accumulating that subjective expectations influence behavior and that these expectations are sometimes biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to affect how people picture the future. This paper...
Persistent link: https://www.econbiz.de/10010277212
As evidence is accumulating that subjective expectations influence behavior and that these expectations are sometimes biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to affect how people picture the future. This paper...
Persistent link: https://www.econbiz.de/10004969323
This article outlines the recommendations of the UK Pensions Commission, and the data and analysis on which they were based, including projections of demographic change, trends in private pension saving, and evolution of the state pension system. The Commission concluded that without reform,...
Persistent link: https://www.econbiz.de/10011126324
bequests. This leads us to explore the role of beliefs, financial literacy and portfolio decisions in explaining this genetic … gradient in wealth.We show that individuals with lower genetic scores are more prone to reporting "extreme beliefs" (e …
Persistent link: https://www.econbiz.de/10011653295
update their beliefs about the probability of being audited, both before and after audits are definitely withdrawn. We find … that when individuals have initially experienced systematic audits, they decrease both their beliefs and their … irregular, they maintain high beliefs about the probability of being audited and continue cooperating long after audits have …
Persistent link: https://www.econbiz.de/10010333263
Beliefs are a central determinant of behavior. Recent models assume that beliefs about or the anticipation of future …
Persistent link: https://www.econbiz.de/10011559600
A large literature studies subjective beliefs about economic facts using unincentivized survey questions. We devise … beliefs about average earnings by professional degree and average public school spending. Incentive provision does not impact … earnings beliefs, but improves school-spending beliefs. Response patterns suggest that the latter effect likely reflects …
Persistent link: https://www.econbiz.de/10012005918
We examine rational learning among expert chess players and how they update their beliefs in repeated games with the …
Persistent link: https://www.econbiz.de/10010278609
goals, highlighting biased beliefs regarding own preferences as a relevant mechanism in the prediction errors. …
Persistent link: https://www.econbiz.de/10012270188