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Exponential growth bias in the prediction of COVID-19 spread and economic expectation

Banerjee, Ritwik; Majumdar, Priyama - 2020

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 … evaluate them through a randomized experiment. In the first treatment (Step), participants make predictions in several short …

Persistent link: https://www.econbiz.de/10012288390

Exponential Growth Bias in the Prediction of COVID-19 Spread and Economic Expectation

Banerjee, Ritwik - 2020

Persistent link: https://www.econbiz.de/10012823943

Exponential growth bias in the prediction of COVID-19 spread and economic expectation

Banerjee, Ritwik; Majumdar, Priyama - In: Economica 90 (2023) 358, pp. 653-689

Persistent link: https://www.econbiz.de/10014310536

Higher Order Risk Attitudes in the Time of COVID-19 : An Experimental Study

Mussio, Irene; Sosa Andrés, Maximiliano; Kidwai, Abdul H. - 2021

The coronavirus disease (COVID-19) represents a large increase in background risk for individuals. Like the COVID-19 …

Persistent link: https://www.econbiz.de/10013221228

For Better or Worse? Subjective Expectations and Cost-Benefit Trade-Offs in Health Behavior

Conti, Gabriella; GIUSTINELLI, PAMELA - 2023

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

For better or worse? : subjective expectations and cost-benefit trade-offs in health behavior

Conti, Gabriella; Giustinelli, Pamela - 2023

We provide a framework to disentangle the role of preferences and beliefs in health behavior, and we apply it to compliance behavior during the acute phase of the COVID-19 pandemic. Using rich data on subjective expectations collected during the spring 2020 lockdown in the UK, we estimate a...

Persistent link: https://www.econbiz.de/10014373647

Compliance with COVID-19 Social-Distancing Measures in Italy : The Role of Expectations and Duration

Briscese, Guglielmo - 2020

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

Compliance with COVID-19 social-distancing measures in Italy : the role of expectations and duration

Briscese, Guglielmo; Lacetera, Nicola; Macis, Mario; … - 2020

Persistent link: https://www.econbiz.de/10012198346

The Role of Statistical Literacy in Risk Assessment and Behavior - Evidence from the COVID-19 Pandemic

Metzger, Daniel; Paaso, Mikael; Pursiainen, Vesa - 2022

We study the role of statistical literacy in people's assessment of risk by analyzing risk expectations and behavior in the context of the COVID-19 pandemic. Using a large-scale panel survey of about 4,000 Dutch households, we find that more statistically literate people adjust their risk...

Persistent link: https://www.econbiz.de/10013291915

For better or worse? : subjective expectations and cost-benefit trade-offs in health behavior

Conti, Gabriella; Giustinelli, Pamela - 2023

Persistent link: https://www.econbiz.de/10014279898