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This paper examines the potential reinforcement of motivated beliefs when individuals with identical biases communicate. We propose a controlled online experiment that allows to manipulate belief biases and the communication environment. We find that communication, even among like-minded...
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Belief elicitation is an important methodological issue for experimental economists. There are two generic questions: 1) Do incentives increase belief accuracy? 2) Are there interaction effects of beliefs and decisions? We investigate these questions in the case of finitely repeated public goods...
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We investigate the impact of eliciting beliefs about the average contribution of other group members in finitely repeated public goods experiments. We find that belief accuracy is significantly higher when beliefs are incentivized. The distribution of beliefs as well as the relationship between...
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Sector Bank Employees. It is observed that in taking such a major decision, many employees do not act rationally thereby … factors lead them to defend their decision even against adversities and there is a tendency to stick to their initial … reasoning. The realization of irrationality comes only after treading in an irreversible path. The decision rationales of …
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