Showing 1 - 10 of 216
Since formal rules can only partially reduce opportunistic behavior, third-party sanctioning to promote fairness is critical to achieving desirable social outcomes. Social norms may underpin such behavior, but they can also undermine it. We study one such norm the "don't be a toad" norm, as it...
Persistent link: https://www.econbiz.de/10014635680
Can incorporating expectations-based-reference-dependence (EBRD) considerations reduce seemingly dominated choices in …
Persistent link: https://www.econbiz.de/10013462684
A growing literature uses now widely-available data on beliefs and expectations in the estimation of structural models … show how expectations data have been used to relax strong assumptions about beliefs and outline how they can be used in … of expectations data in the estimation of structural models. We conclude by noting directions for future research …
Persistent link: https://www.econbiz.de/10013210122
otherwise well-informed about inflation and asset returns. Consequently, whereas exogenous shifts in inflation expectations do … not impact return expectations, information on past returns during periods of high inflation leads to negative updating … about the perceived stock-return impact of inflation, which feeds into return expectations and subsequent actual trading …
Persistent link: https://www.econbiz.de/10014544748
Financial ties between drug companies and medical researchers are thought to bias studies published in medical journals. To enable readers to account for such bias, most medical journals require authors to disclose potential conflicts of interest. We examine whether disclosure reduces article...
Persistent link: https://www.econbiz.de/10014226124
We study the redistributive effects of inflation combining administrative bank data with an information provision experiment during an episode of historic inflation. On average, households are well-informed about prevailing inflation and are concerned about its impact on their wealth; yet, while...
Persistent link: https://www.econbiz.de/10014372429
A rich literature explores gender differences between men and women, but an increasing share of the population identifies their gender in some other way. Analyzing data on roughly 10,000 students and 1,500 adults, we find that such gender minorities are less confident and provide less favorable...
Persistent link: https://www.econbiz.de/10014468261
What causes adverse policing outcomes, such as excessive uses of force and unnecessary arrests? Prevailing explanations focus on problematic officers or deficient regulations and oversight. Here, we introduce a new, overlooked perspective. We suggest that the cognitive demands inherent in...
Persistent link: https://www.econbiz.de/10014372408
Analyses of self-reported-well-being (SWB) survey data may be confounded if people use response scales differently. We use calibration questions, designed to have the same objective answer across respondents, to measure dimensional (i.e., specific to an SWB dimension) and general (i.e., common...
Persistent link: https://www.econbiz.de/10014372485
underlying observed choices and expectations …
Persistent link: https://www.econbiz.de/10014544700