Showing 1 - 10 of 526
In this study we present a geometric approach to proxy economic uncertainty. We design a positional indicator of disagreement among survey-based agents' expectations about the state of the economy. Previous dispersion-based uncertainty indicators derived from business and consumer surveys...
Persistent link: https://www.econbiz.de/10012925100
The main objective of this study is to present a two-step approach to generate estimates of economic growth based on agents' expectations from tendency surveys. First, we design a genetic programming experiment to derive mathematical functional forms that approximate the target variable by...
Persistent link: https://www.econbiz.de/10012928856
Business and consumer surveys are the main source of agents' expectations. In this study we use survey expectations about a wide range of economic variables to forecast GDP growth. We propose an empirical approach to derive mathematical functional forms that link survey-based expectations to...
Persistent link: https://www.econbiz.de/10012955806
This study examines the herding behavior of individuals in the context of their willingness to strategically default on a mortgage based on the (falsely) observed behavior of those around them. We find that homeowners are easily persuaded to follow the herd and adopt a strategic default...
Persistent link: https://www.econbiz.de/10013044169
Surveys can increase market transparency when information asymmetries are present — but this will only happen when respondents answer questions truthfully. Sometimes, however, it might not be in the respondents' best interest to provide truthful information on their firm or market. This will...
Persistent link: https://www.econbiz.de/10013048201
We conduct an “artefactual” field experiment to incorporate three different risk preferences measures within the Innovation Panel (IP) of the UK Household Longitudinal Survey (UKHLS). We randomly allocate to an experimental module a nationally representative sample of 661 adult respondents...
Persistent link: https://www.econbiz.de/10012985294
The main objective of this study is to present a two-step approach to generate estimates of economic growth based on agents' expectations from tendency surveys. First, we design a genetic programming experiment to derive mathematical functional forms that approximate the target variable by...
Persistent link: https://www.econbiz.de/10012909960
Cities are increasingly hold accountable for climate action. By demonstrating their pro-environmentality through own climate-related activities, they not at least aspire to encourage individual climate protection efforts. Based on standard economic theory there is little reason to assume that...
Persistent link: https://www.econbiz.de/10014243657
Cities are increasingly hold accountable for climate action. By demonstrating their proenvironmentality through own climate-related activities, they not at least aspire to encourage individual climate protection efforts. Based on standard economic theory there is little reason to assume that...
Persistent link: https://www.econbiz.de/10013350857
Cities are increasingly hold accountable for climate action. By demonstrating their proenvironmentality through own climate-related activities, they not at least aspire to encourage individual climate protection efforts. Based on standard economic theory there is little reason to assume that...
Persistent link: https://www.econbiz.de/10013399851