Showing 10,151 - 10,160 of 10,242
found a complete absence of a pre-choice bias toward searching for preference-supporting information. The absence of this … confirming search bias occurred for products that were both hedonic and utilitarian, both expensive and inexpensive, and both … high and low in expected brand loyalty. Experiment 3 also verified the presence of the expected post-choice search bias to …
Persistent link: https://www.econbiz.de/10010696606
Persistent link: https://www.econbiz.de/10010701556
parameters, the state and his bias. The space of actions of the decision maker has only one dimension. We suppose that the state … lies in the interval [0,1], but the expert bias lies in the interval [-1,1]. We find that the equilibriums are also in …
Persistent link: https://www.econbiz.de/10008456343
Alternative investment has grown considerably, transforming this industry in the forefront of investment innovation. Despite their public acknowledgment and profound influence in the financial market, there is still relative small understanding about hedge funds strategies style. This paper...
Persistent link: https://www.econbiz.de/10008463028
This paper examines the evolution of Hong Kong’s banking industry’s technical efficiency, and its macroeconomic determinants, during the period 2000-2006 through the prism of two alternative approaches to efficiency estimation, namely the intermediation and production approaches. Using a...
Persistent link: https://www.econbiz.de/10008464098
Purpose – This paper aims to extend the research into company financial forecasts by modelling naïve earnings forecasts derived from normalised historic accounting data disclosed during Australian initial public offerings (IPOs). It seeks to investigate naïve forecast errors and compare them...
Persistent link: https://www.econbiz.de/10008466086
distribution of VAR impulse response estimators is undermined by the estimator’s bias. A natural conjecture is that impulse … estimators tend to have both higher bias and higher variance, resulting in pointwise impulse response confidence intervals that …
Persistent link: https://www.econbiz.de/10005666791
choices are private information. It is optimal for the organization to `bias' the second contest in favor of the early winner …
Persistent link: https://www.econbiz.de/10005667058
This paper considers the impact of reviewers on the sale of a product of unknown quality. Sales occur simultaneously after an initial review by an unbiased, pessimistic or optimistic reviewer and we examine the impact on sales in each case. We find that counter-intuitively a pessimistic reviewer...
Persistent link: https://www.econbiz.de/10005783744
The standard simple sequential herding model is altered to allow a firm with a new product to have it reviewed publicly before launch. Reviewers are either inherently pessimistic, optimistic or unbiased. We find the counter-intuitive result that a firm with a good product will prefer a...
Persistent link: https://www.econbiz.de/10005783848