Showing 1 - 10 of 274,775
Exponential growth bias (EGB) is the pervasive tendency of people to perceive a growth process as linear when, in fact … positive cases in the future. The bias is positively correlated with optimistic expectations about the future macroeconomic … to Baseline, b) Feedback-N, Feedback-G, and Forecast significantly reduce bias relative to both Baseline and Step, c) the …
Persistent link: https://www.econbiz.de/10012823853
Exponential growth bias (EGB) is the pervasive tendency of people to perceive a growth process as linear when, in fact … positive cases in the future. The bias is positively correlated with optimistic expectations about the future macroeconomic … to Baseline, b) Feedback- N, Feedback-G, and Forecast significantly reduce bias relative to both Baseline and Step, c …
Persistent link: https://www.econbiz.de/10012823943
Exponential growth bias (EGB) is the pervasive tendency of people to perceive a growth process as linear when, in fact … positive cases in the future. The bias is positively correlated with optimistic expectations about the future macroeconomic … to Baseline, b) Feedback-N, Feedback-G, and Forecast significantly reduce bias relative to both Baseline and Step, c) the …
Persistent link: https://www.econbiz.de/10012322463
This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to macroeconomic and financial data. I examine 16...
Persistent link: https://www.econbiz.de/10013110732
more likely to prefer pessimistic articles, which we interpret as evidence of confirmation bias. In line with this …
Persistent link: https://www.econbiz.de/10012431324
-growth prediction bias (EGPB) in understanding why the COVID-19 outbreak has exploded. The scientific basis for our inquiry is the … positive cases can explode into a widespread pandemic if the disease is sufficiently transmittable. We define prediction bias … path. The bias is significantly higher for respondents from countries at a later stage relative to those at an early stage …
Persistent link: https://www.econbiz.de/10012221705
We study how intentions to comply with the self-isolation restrictions enacted in Italy in response to the COVID-19 crisis respond to the length of their possible extension. Based on a survey of a representative sample of Italian residents (N=894), we find that respondents who are positively...
Persistent link: https://www.econbiz.de/10012837921
We study how intentions to comply with the self-isolation restrictions enacted in Italy in response to the COVID-19 crisis respond to the length of their possible extension. Based on a survey of a representative sample of Italian residents (N=894), we find that respondents who are positively...
Persistent link: https://www.econbiz.de/10012198346
We provide a framework to disentangle preferences and beliefs in health behavior and apply it to lockdown compliance in the UK. We estimate a model of compliance choice with uncertain costs and benefits to quantify utility tradeoffs, decompose group differences in compliance, and compute...
Persistent link: https://www.econbiz.de/10014279898
We provide a framework to disentangle preferences and beliefs in health behavior and apply it to lockdown compliance in the UK. We estimate a model of compliance choice with uncertain costs and benefits to quantify utility tradeoffs, decompose group differences in compliance, and compute...
Persistent link: https://www.econbiz.de/10014356431