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Game-theoretic models of learning are hard to study even in the laboratory setting due to econometric and practical concerns (like the limited length of an experimental session).In particular, as the simulations by (Salmon, 2001) show, in a cross-model (or "blind'') testing of several models,...
Persistent link: https://www.econbiz.de/10012827651
In this study, we examine how information provision affects the degree of overconfidence using an online experiment …
Persistent link: https://www.econbiz.de/10012847379
Persistent link: https://www.econbiz.de/10003965084
Competition for limited resources is ubiquitous in social and economic life and has sparked a large body of research on the determinants of competitive behavior. While we know a lot about the role of contextual factors and personality traits, no link has been established between competitive...
Persistent link: https://www.econbiz.de/10013237421
Discrimination is a pervasive aspect of modern society and human relations. Statistical discrimination theory suggests …, whereas statistical discrimination theory implies that better predictions can be achieved by using all available information …
Persistent link: https://www.econbiz.de/10014079853
prices. Subjects in our experiment predict both random walk times series, as in the seminal work by Bloomfield & Hales (2002 … measures of predictability. However, as random walk theory predicts, relying on apparent patterns in past data does not improve …
Persistent link: https://www.econbiz.de/10013285949
We compare the performance of financial professionals (CFAs) with university students in four financial forecasting tasks ranging from simple lab prediction tasks to longitudinal field tasks. Although students and professionals performed similarly in the artificial forecasting tasks, their...
Persistent link: https://www.econbiz.de/10012880037
We compare the performance of financial professionals (CFAs) with university students in four financial forecasting tasks ranging from simple lab prediction tasks to longitudinal field tasks. Although students and professionals performed similarly in the artificial forecasting tasks, their...
Persistent link: https://www.econbiz.de/10013297837
prices. Subjects in our experiment predict both random walk times series, as in the seminal work by Bloomfied and Hales (2002 … measures of predictability. However, as random walk theory predicts, relying on apparent patterns in past data does not improve …
Persistent link: https://www.econbiz.de/10013404042
of an iid random variable. We set up a laboratory experiment where the participants act as forecasters predicting the … their central tendencies. As is standard in survey measures, the subjects in our experiment must report their best guess of … the experiment are based on a percentile while almost 60% are based on a numerical value. …
Persistent link: https://www.econbiz.de/10012115998