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This paper investigates the direct and indirect effects of others' beliefs on respondents' own beliefs and consumer … pandemic, we implement two information treatments. Both treatments contain cross-country information about others' beliefs … sentiment in Vietnam is strongly affected by both treatments when the information goes against respondents’ prior beliefs. …
Persistent link: https://www.econbiz.de/10012500548
This paper investigates the direct and indirect effects of others' beliefs on respondents' own beliefs and consumer … pandemic, we implement two information treatments. Both treatments contain cross-country information about others' beliefs … sentiment in Vietnam is strongly affected by both treatments when the information goes against respondents' prior beliefs. …
Persistent link: https://www.econbiz.de/10012543061
people neglect correlations in the updating process, leading to systematically "overshooting" beliefs. This finding lends …
Persistent link: https://www.econbiz.de/10010339934
persuasion. Our results reveal several insights. First, narratives are persuasive: We find that they systematically shift beliefs …
Persistent link: https://www.econbiz.de/10014532535
persuasion. Our results reveal several insights. First, narratives are persuasive: We find that they systematically shift beliefs …
Persistent link: https://www.econbiz.de/10014537296
when individuals derive anticipatory utility from holding motivated, overly optimistic beliefs about the workload they need … for motivated reasoning allows workers to hold substantially more optimistic beliefs and identify a causal link between … the exogenous variation in beliefs and the deferral of work to the future. This systematic belief-based delay of work …
Persistent link: https://www.econbiz.de/10014487122
anticipatory utility from holding optimistic beliefs about their future effort costs. This study provides a rigorous empirical test … beliefs among workers, which causally increase the deferral of work to the future. The roots for biased beliefs stem from …
Persistent link: https://www.econbiz.de/10014517966
In this article we propose a two stage procedure to model demand decisions by customers who are balancing several dimensions of a product. We then test our procedure by analyzing the behavior of buyers from an Austrian price comparison site. Although in such a market a consumer will typically...
Persistent link: https://www.econbiz.de/10009735349
The current study examines individual decision making in the fi eld of personal finance. How do people arrive at a financial decision? A laboratory experiment investigates the way external information is integrated into the decision making process. The objective is to explore the link between...
Persistent link: https://www.econbiz.de/10011514485
We study the role of privacy in the market for mobile applications. For such programs used with smartphones and tablet PCs a very important market has emerged. Yet, neither the role of privacy on that market is well understood, nor do we have empirical evidence regarding its role therein. We...
Persistent link: https://www.econbiz.de/10010468420