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Following the Euro changeover in January 2002, consumers across the Euro Area perceived a sharp rise in inflation, in contrast to official figures. Several theories have been advanced to explain this apparent economic illusion, but they struggle to account for its striking scale and persistence....
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The unique characteristics of Brian O'Driscoll's international rugby career provide a rare opportunity to obtain a measure of the impact of an individual player on the outcome of a team game. Generally, small samples and selection bias make such estimates unreliable. O'Driscoll, however, was an...
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How people perceive and forecast inflation has the potential to impact on a range of economic outcomes. We reveal large, systematic overestimation of inflation by Irish consumers, which varies by social group. In contrast to previous work in this area, our models suggest the upward bias and the...
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Radon exposure in homes is a leading cause of lung cancer, but the rate at which householders test for it is low. In a pre-registered experiment with a nationally representative sample of adults (N = 1,700), we used psychological theory to design interventions to increase perceived risk from...
Persistent link: https://www.econbiz.de/10013040633
Transitioning to the green economy relies on new developments that may negatively affect people's localities and involve certain risks. This study investigates how people form opinions about such developments, using mineral exploration and mining as an example. A representative sample (N=1000)...
Persistent link: https://www.econbiz.de/10013488871