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Keynes as the first behavioral economist : the case of the attribute-substitution heuristic
Koutsobinas, Thodoris T. - In: Journal of post-Keynesian economics : JPKE 37 (2014/2015) 2, pp. 337-355
Persistent link: https://www.econbiz.de/10011618199
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Information aggregation in Poisson elections
Ekmekci, Mehmet; Lauermann, Stephan - In: Theoretical Economics 17 (2022) 1, pp. 1-23
The modern Condorcet jury theorem states that under weak conditions, when voters have common interests, elections will aggregate information when the population is large, in any equilibrium. Here, we study the performance of large elections with population uncertainty. We find that the modern...
Persistent link: https://www.econbiz.de/10013189048
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Information aggregation in Poisson elections
Ekmekci, Mehmet; Lauermann, Stephan - In: Theoretical economics : TE ; an open access journal in … 17 (2022) 1, pp. 1-23
The modern Condorcet jury theorem states that under weak conditions, when voters have common interests, elections will aggregate information when the population is large, in any equilibrium. Here, we study the performance of large elections with population uncertainty. We find that the modern...
Persistent link: https://www.econbiz.de/10012806603
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Behavioral economics : moving forward
Ghisellini, Fabrizio; Chang, Beryl Y. - 2018
Persistent link: https://www.econbiz.de/10011780135
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Towards behavioral political economy of institutional change : with field facts from China
Zhang, Yongjing; Wang, Mei - 2014
This study proposes an analytical framework towards behavioral political economy of institutional change. It considers institutional changes as central government’s choices under uncertainty, which are largely driven by the strategic outcomes in a behavioral coordination game between local...
Persistent link: https://www.econbiz.de/10010404541
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Behavioral Economics : Moving Forward
Ghisellini, Fabrizio; Chang, Beryl Y. - 2018
Part II -- Chapter 5: How many real biases are there? -- Chapter 6: How do people form expectations in the real world …
Persistent link: https://www.econbiz.de/10012396820
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A German inflation narrative how the media frame price dynamics : results from a RollingLDA analysis
Müller, Henrik; Schmidt, Tobias; Rieger, Jonas; … - 2022 - Version 1.0
decades has there been such a broad shift in inflation perception, and therefore, possibly, in inflation expectations. Also …
Persistent link: https://www.econbiz.de/10012938935
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How did the capital market evaluate Germany's prospects for winning World War I? : evidence from the Amsterdam market for government bonds
Jopp, Tobias Alexander - In: Jahrbuch für Wirtschaftsgeschichte (2014) 2, pp. 159-184
Persistent link: https://www.econbiz.de/10010488355
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Are optimistic expectations keeping the Chinese happy?
Frijters, Paul; Liu, Amy Y.C.; Meng, Xin - In: Journal of Economic Behavior & Organization 81 (2012) 1, pp. 159-171
In this paper we study the effect of optimistic income expectations on life satisfaction amongst the Chinese population … strong in the countryside and amongst rural-to-urban migrants. The importance of these expectations for life satisfaction is … particularly pronounced in the urban areas, though also highly significant for the rural area. If expectations were to reverse from …
Persistent link: https://www.econbiz.de/10010597452
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Are optimistic expectations keeping the Chinese happy?
Frijters, Paul; Liu, Amy Y. C.; Meng, Xin - In: Journal of economic behavior & organization : JEBO 81 (2012) 1, pp. 159-171
Persistent link: https://www.econbiz.de/10009505577