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Why are some people more optimistic about their life than others? Literature on locus of control suggests that optimism is associated with the belief that one's life outcomes are controlled by internal factors, such as ability, instead of external factors, such as powerful others or chance....
Persistent link: https://www.econbiz.de/10010266644
Economists have studied for a long time how decision-makers allocate scarce resources. The recent literature on rational inattention studies how decision-makers allocate the scarce resource attention. The idea is that decision-makers have a limited amount of attention and have to decide how to...
Persistent link: https://www.econbiz.de/10009395648
market-based measures of expectations are similar to survey-based forecasts although the market-based measures somewhat more …
Persistent link: https://www.econbiz.de/10005656457
with two questions: Why do fictional expectations change in the course of capitalist development? And: Are fictional … expectations becoming more important in contemporary capitalism? …
Persistent link: https://www.econbiz.de/10011660291
The paper develops a sociological approach for understanding the role of expectations in collective action. It argues … that an approach based on expectations is better suited to explain collective action in episodes of social change than …
Persistent link: https://www.econbiz.de/10011904701
impact of uncertainty and failed expectations induced by money leads to specific patterns of economic disruption. These …
Persistent link: https://www.econbiz.de/10009465939
Wirtschaftsprognosen sollen die Unsicherheit bezüglich der zukünftigen wirtschaftlichen Entwicklung mindern und Planungsprozesse von Regierungen und Unternehmen unterstützen. Empirische Studien bescheinigen ihnen jedoch in aller Regel ein unbefriedigendes Qualitätsniveau. Auf der Suche nach...
Persistent link: https://www.econbiz.de/10011288103
expectations and uncertainty, albeit to a much lesser extent than the domestic policy changes. …
Persistent link: https://www.econbiz.de/10012269499
expectations and uncertainty, albeit to a much lesser extent than the domestic policy changes. …
Persistent link: https://www.econbiz.de/10012270135
short-time window to test the impact of deteriorating expectations and uncertainty on firms' R&D choices. Our results show a … dramatic effect of firms' expectations about future market conditions. In this regard, internationalized and innovative … discontinuing research plans. Beyond the role played by expectations, innovative characteristics already in place are found to …
Persistent link: https://www.econbiz.de/10012882465