Showing 1 - 10 of 5,108
Technological progress in recent years has made new methods available for making forecasts in a variety of areas. We examine the success of ex-ante stock market forecasts of three major stock market indices, i.e., the German Stock Market Index (DAX), the Dow Jones Industrial Index (DJI), and the...
Persistent link: https://www.econbiz.de/10012799168
from Bogota's Secretariat of Health in a field experiment, we measure the impact of various norm nudges, including trending …. These findings underscore the importance of tailoring nudge strategies to the unique characteristics and preferences of the …
Persistent link: https://www.econbiz.de/10014540586
There are many real-world situations in which complex interacting forces are best described by a series of equations. Traditional regression approaches to these situations involve modeling and estimating each individual equation (producing estimates of "partial derivatives") and then solving the...
Persistent link: https://www.econbiz.de/10012628841
, we show that regret aversion (unobservable bias) significantly reduces extremeness aversion (observable bias) and … mediates the influence of cognitive regulatory focus (unobservable bias). …
Persistent link: https://www.econbiz.de/10012821258
This paper investigates the role of biased health perceptions as driving forces of risky health behavior. We define absolute and relative health perception biases, illustrate their measurement in surveys and provide evidence on their relevance. Next, we decompose the theoretical effect into its...
Persistent link: https://www.econbiz.de/10012219501
bias. Additionally, we show how to identify these two forms of biases from choices. In an experiment, we found that the … subjects exhibited confirmatory bias by misreading 19% of the signals that contradicted their priors. They were also …
Persistent link: https://www.econbiz.de/10015190350
The COVID-19 pandemic disrupts capital markets and confuses decision makers. This event represents an opportunity to better understand how financial analysts forecast earnings. We focus on forecasts for Real Estate Investment Trusts (REITs) in the United States, since REITs are relatively...
Persistent link: https://www.econbiz.de/10012628786
In this paper, we conduct a large-scale field experiment to investigate the manipulability of prediction markets. The … main experiment involves randomly shocking prices across 817 separate markets; we then collect hourly price data to examine …
Persistent link: https://www.econbiz.de/10015372547
Different methods of eliciting long-run expectations yield data that predict economic choices differently well. We ask members of a wide population sample to make a 10-year investment decision and to forecast stock market returns in one of two formats: they ei- ther predict the average of annual...
Persistent link: https://www.econbiz.de/10015437172
If a company’s corporate performance forecasting bias is not zero and it continues to over- or under-predict actual … performance, capital investments and employment will deviate from their expected levels. Therefore, forecast bias is a very … important issue for a company’s management. However, few empirical studies exist on corporate performance forecasting bias in …
Persistent link: https://www.econbiz.de/10013373064