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Game-theoretic analyses of communication rely on beliefs – especially, the receiver's belief about the truth status of an utterance and the sender's belief about the reaction to the utterance – but research that provides measurements of such beliefs is still in its infancy. Our experiment...
Persistent link: https://www.econbiz.de/10014467781
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The rational expectations assumption, e.g. in life-cycle models and portfolio-choice models, prescribes agents to have model-consistent beliefs and to avoid systematic prediction errors. In reality, justi cation and identification of expectations are nontrivial. One way to solve this problem is...
Persistent link: https://www.econbiz.de/10012139064
Basierend auf Auswertungen repräsentativer Umfragedaten zeigt dieser Wochenbericht, dass sich Frauen und Männer in ihren Erwartungen über Lohnentwicklungen deutlich unterscheiden, vor allem bezüglich ihrer langfristigen Erwartungen (über zehn Jahre). Die stärksten geschlechtsspezifischen...
Persistent link: https://www.econbiz.de/10012175850
Basierend auf Auswertungen repräsentativer Umfragedaten zeigt dieser Wochenbericht, dass sich Frauen und Männer in ihren Erwartungen über Lohnentwicklungen deutlich unterscheiden, vor allem bezüglich ihrer langfristigen Erwartungen (über zehn Jahre). Die stärksten geschlechtsspezifischen...
Persistent link: https://www.econbiz.de/10012230919
The rational expectations assumption, e.g. in life-cycle models and portfolio-choice models, prescribes agents to have model-consistent beliefs and to avoid systematic prediction errors. In reality, justi cation and identification of expectations are nontrivial. One way to solve this problem is...
Persistent link: https://www.econbiz.de/10012290349
The rational expectations assumption, e.g. in life-cycle models and portfolio-choice models, prescribes that all actions are in line with a well-structured and unbiased system of expectations. In reality, justification and identification of expectations are nontrivial, and we lack empirical...
Persistent link: https://www.econbiz.de/10014307575
The paper presents a new meta data set covering 13 experiments on the social learning games by Bikhchandani, Hirshleifer, and Welch (1992). The large amount of data makes it possible to estimate the empirically optimal action for a large variety of decision situations and ask about the economic...
Persistent link: https://www.econbiz.de/10003741924
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