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forecasters with economic interest (stakes) and in uence to publish biased forecasts prior to a referendum. We test our theory …
Persistent link: https://www.econbiz.de/10011984037
forecasters with economic interest (stakes) and influence to publish biased forecasts prior to a referendum. We test our theory …
Persistent link: https://www.econbiz.de/10011990008
This paper explores whether professional macroeconomic forecasters manipulate their forecasts to influence voting outcomes. We model a referendum in which a voter chooses between two policies. The voter relies on a forecaster to learn about the macroeconomic consequences of the policies. The...
Persistent link: https://www.econbiz.de/10014583811
best decision to be taken considering a regret theory approach. A challenge for corruption in the decision- making process … illustrate the difference between a typical decision theory approach and regret theory …
Persistent link: https://www.econbiz.de/10013091886
We study how negative sentiment around an industry impacts beliefs and behaviors, focusing on demands for racial justice after the murder of George Floyd and the salience of the "defund the police" movement. We assess stakeholder beliefs on the impact of protests on the stock prices of...
Persistent link: https://www.econbiz.de/10014635693
In large cities with harbors or rivers, ferry services have been an important part of public transport. In practice, many ferry terminals are subject to geographical and environmental conditions, limited space resources of the terminal pool, narrow navigable waters of ships, which leads to...
Persistent link: https://www.econbiz.de/10013312090
In large cities with harbors or rivers, ferry services have been an important part of public transport. In practice, many ferry terminals are subject to geographical and environmental conditions, limited space resources of the terminal pool, narrow navigable waters of ships, which leads to...
Persistent link: https://www.econbiz.de/10013311453
Civil unrest is a powerful form of collective human dynamics, which has led to major transitions of societies in modern history. The study of collective human dynamics, including collective aggression, has been the focus of much discussion in the context of modeling and identification of...
Persistent link: https://www.econbiz.de/10014164119
This review paper articulates the relationship between prediction market data and event studies, with a special focus on applications in political economy. Event studies have been used to address a variety of political economy questions - from the economic effects of party control of government...
Persistent link: https://www.econbiz.de/10009238627
This review paper articulates the relationship between prediction market data and event studies, with a special focus on applications in political economy. Event studies have been used to address a variety of political economy questions - from the economic effects of party control of government...
Persistent link: https://www.econbiz.de/10013125691