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candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …, we manipulate the rational expectations of subjects and check whether this manipulation influences their effort provision …-based reference-dependent preferences: if expectations are high, subjects work longer and earn more money than if expectations are low. …
Persistent link: https://www.econbiz.de/10010333977
) expectations. Our results show that introspection causally increases cooperation. Both home-grown idealism and the experiences with …
Persistent link: https://www.econbiz.de/10010478915
effect of algorithmic traders we use a design where we manipulate only the expectations of human traders. We find clearly …
Persistent link: https://www.econbiz.de/10011392621
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We use novel survey data to estimate how personal experiences affect household expectations about aggregate economic … systematically extrapolate from recent locally experienced home prices when asked for their expectations about US house price changes … distribution over expected future national house price movements. We find similar results for labor market expectations, where we …
Persistent link: https://www.econbiz.de/10011376179
nothing) or the highest level of punishment (destroyeverything). (4) Expectations have a significant effect on the …
Persistent link: https://www.econbiz.de/10011301155
from individual expectations. Subjects have no information about underlying market equilibrium equations, but can learn by … stable treatment, rational expectations (RE) yield a good description of observed aggregate price fluctuations: prices remain …
Persistent link: https://www.econbiz.de/10011333266
We investigate expectation formation in a controlled experimental en-vironment. Subjects are asked to predict the price in a standard asset pricingmodel. They do not have knowledge of the underlying market equilibrium equa-tions, but they know all past realized prices and their own predictions....
Persistent link: https://www.econbiz.de/10011333274
-report measures were related to destruction decisions and expectations. The pattern of emotional arousal and its correlation with self …
Persistent link: https://www.econbiz.de/10011338001
Persistent link: https://www.econbiz.de/10010236873