Similar Search Results

Limited Self-Knowledge and Survey Response Behavior

Falk, Armin; Neuber, Thomas; Strack, Philipp - 2021

We study response behavior in surveys and show how the explanatory power of self-reports can be improved. First, we …

Persistent link: https://www.econbiz.de/10012658105

Human and machine: The impact of machine input on decision-making under cognitive limitations

Boyacı, Tamer; Canyakmaz, Caner; de Véricourt, Francis - 2022

The rapid adoption of AI technologies by many organizations has recently raised concerns that AI may eventually replace humans in certain tasks. In fact, when used in collaboration, machines can significantly enhance the complementary strengths of humans. Indeed, because of their immense...

Persistent link: https://www.econbiz.de/10013464269

Imposing choice on the uninformed: The case of dynamic currency conversion

Ewerhart, Christian; Li, Sheng - 2023

It is a common experience for present-day consumers making an international payment via credit or debit card to be invited to choose the currency in which they wish to have the transaction executed. While this choice, made feasible by a technology known as dynamic currency conversion (DCC),...

Persistent link: https://www.econbiz.de/10013531821

The Devil You Know: Rational Inattention to Discrete Choices when Prior Information Matters

Pellegrino, Bruno - 2023

In the seminal rational inattention model of Matĕjka and McKay (2015), logit demand arises from the discrete choice of agents who are uncertain about choice payoffs and who have access to a flexible, costly information acquisition technology (RI-logit). A notable limitation of this powerful...

Persistent link: https://www.econbiz.de/10014290241

Individual credit market experience and beliefs about bank lending policy: Evidence from a firm survey

Fidrmuc, Jarko; Hainz, Christa; Hölzl, Werner - 2023

We study how firms' individual credit market experience influences their beliefs about the bank lending policy, using the Austrian Business Survey between 2011 and 2016. Firms which have recently experienced a loan rejection are more likely to believe that the lending policy is restrictive. We...

Persistent link: https://www.econbiz.de/10014293754

Imposing choice on the uninformed: The case of dynamic currency conversion

Ewerhart, Christian; Li, Sheng - 2023

Over the course of the past two decades, it has become a common experience for consumers authorizing an international transaction via credit card to be invited to choose the currency in which they wish the transaction to be executed. While this choice, made feasible by a technology known as...

Persistent link: https://www.econbiz.de/10014333775

Rational inattention and the business cycle effects of productivity and news shocks

Maćkowiak, Bartosz; Wiederholt, Mirko - 2023

with survey data on expectations. Moreover, consumption, employment, and output move in the same direction in response to …

Persistent link: https://www.econbiz.de/10014374771

The tax treatment of commuting expenses and job-related mobility

Baumgart, Eike; Blaufus, Kay; Hechtner, Frank - 2023

Amid global climate change concerns, policymakers worldwide are increasingly scrutinizing environmentally harmful subsidies. This study examines the tax-deductibility of job-related commuting expenses, which has faced criticism for promoting longer commutes and congestion. Through a controlled,...

Persistent link: https://www.econbiz.de/10014426866

Imperfect Information and Inflation Expectations: Evidence from Microdata

Dräger, Lena; Lamla, Michael - 2013

We investigate the updating behavior of individual consumers regarding their shortand long-run inflation expectations … adjust their inflation expectations over a period of six months. We find evidence that the updating frequency has been …. Moreover, individual expectations are found to be more accurate after an update and forecast accuracy is affected by inflation …

Persistent link: https://www.econbiz.de/10010420860

Introducing managerial attention allocation in incentive contracts

Gil, Ricard; Mondria, Jordi - In: SERIEs - Journal of the Spanish Economic Association 2 (2011) 3, pp. 335-358

This paper introduces and studies the role of managerial attention allocation constraints in incentive contracts. We extend the traditional moral-hazard benchmark model with multi-tasking and linear incentive contracts by letting the principal choose the amount of monitoring allocated across...

Persistent link: https://www.econbiz.de/10010317135