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Biased beliefs and imperfect information
Proto, Eugenio; Sgroi, Daniel - 2015
We perform an incentivized experiment designed to assess the accuracy of beliefs about characteristics and decisions …. Subjects are asked to declare some specific choices and characteristics with different levels of observability from an external … beliefs; (ii) whether this bias would disappear for weight and height, when the information is perfectly available. We find a …
Persistent link: https://www.econbiz.de/10010488302
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Biased beliefs and imperfect information
Proto, Eugenio; Sgroi, Daniel - In: Journal of economic behavior & organization : JEBO 136 (2017), pp. 186-202
Persistent link: https://www.econbiz.de/10011852765
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Biased Beliefs and Imperfect Information
Proto, Eugenio - 2015
We perform an incentivized experiment designed to assess the accuracy of beliefs about characteristics and decisions …. Subjects are asked to declare some specific choices and characteristics with different levels of observability from an external … beliefs; (ii) whether this bias would disappear for weight and height, when the information is perfectly available. We find a …
Persistent link: https://www.econbiz.de/10013026876
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Self-centered beliefs : an empirical approach
Proto, Eugenio; Sgroi, Daniel - 2012
Persistent link: https://www.econbiz.de/10009571121
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Self-centered beliefs : an empirical approach
Proto, Eugenio; Sgroi, Daniel - 2012
Persistent link: https://www.econbiz.de/10009502365
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Identification of interaction effects in survey expectations : a cautionary note
Alfarano, Simone; Milaković, Mishael - 2010
A growing body of literature reports evidence of social interaction effects in survey expectations. In this note, we argue that evidence in favor of social interaction effects should be treated with caution, or could even be spurious. Utilizing a parsimonious stochastic model of expectation...
Persistent link: https://www.econbiz.de/10009007825
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The bright but right view? : a new type of evidence on entrepreneurial optimism
Bengtsson, Ola; Ekeblom, Daniel - 2014
Existing empirical evidence suggests that entrepreneurs are optimists, a finding researchers often interpret as evidence of a behavioral bias in entrepreneurial decision-making. We revisit this claim by analyzing an unusually large survey dataset (180,814 responses) that allows us to create a...
Persistent link: https://www.econbiz.de/10010247380
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Expectations and the Phillips Curve : Evidence from Sectoral Survey Data
Rötheli, Tobias F. - 2019
For Germany and Switzerland, unlike for the US, data from periodic surveys of producing firms exist. These surveys cover questions regarding price setting and output decisions that are relevant for the study of inflation dynamics. The New Keynesian Phillips curve, in particular, holds that...
Persistent link: https://www.econbiz.de/10012867756
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The Bright but Right View? A New Type of Evidence on Entrepreneurial Optimism
Bengtsson, Ola - 2014
Existing empirical evidence suggests that entrepreneurs are optimists, a finding researchers often interpret as evidence of a behavioral bias in entrepreneurial decision-making. We revisit this claim by analyzing an unusually large survey dataset (180,814 responses) that allows us to create a...
Persistent link: https://www.econbiz.de/10013058418
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Political Polarization and Expected Economic Outcomes
Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2021
information. Most Democrats were very confident in a Biden win while most Republicans were very confident in a Trump win. Second … weak priors about the outcome. Information that emphasized the uncertainty in polling data had larger effects in terms of … reducing polarization in expected probabilities over different electoral outcomes but the source of the information played …
Persistent link: https://www.econbiz.de/10013236595