Showing 1 - 10 of 4,100
Time is a crucial determinant of deception, since some misreporting opportunities come as a surprise and require an … intuitive decision while others allow for extensive reflection time. To be able to pursue a deceptive strategy, however, a … subject must be aware of the misreporting opportunity. This paper provides experimental evidence on the role of the time …
Persistent link: https://www.econbiz.de/10011723505
This paper considers the problems facing decision-makers using econometric models in real time. It identifies the key …
Persistent link: https://www.econbiz.de/10011402465
's relative consistency over time as a signal of expertise. Similarity between human choices and the algorithm's recommendations … algorithm's recommendations over time is key to inducing people to follow algorithmic advice in exploration tasks. …
Persistent link: https://www.econbiz.de/10013482224
We propose and apply a new theory-consistent algorithm, which uses disaggregated inter-city trade data to identify a … this upward bias results from aggregation along the extensive industry margin, which is why the bias is much smaller and … only marginally significant if estimation is conducted in a theory-consistent way at the disaggregated industry level. …
Persistent link: https://www.econbiz.de/10011901753
We experimentally investigate the effect of time pressure in a rich-context, unstructured bargaining game with earned … very similar across different levels of time pressure. Nevertheless, as predicted, time pressure systematically influenced … with time pressure, and the likelihood of reaching the implicit reference point (equal division) in agreements decreases …
Persistent link: https://www.econbiz.de/10011411276
in search of the best offer, both time-wise and in terms of potential regret of forgoing unique purchasing opportunities … interaction on search behavior in a pre-registered, theory-based, and well-powered experiment. We find that urgency reduces … earlier when pressured. Anticipated regret does not affect search length (neither with nor without time pressure), while …
Persistent link: https://www.econbiz.de/10012534681
Using new survey data on quantitative growth expectations of firms in Germany, we show that firms resort to local information when forming expectations about aggregate growth. Firms extrapolate from the economic situation in their county, industry growth and their individual business situation....
Persistent link: https://www.econbiz.de/10013285506
This note develops a flexible methodology for splicing economic time series that avoids the extreme assumptions … persistence of the factors that account for the discrepancy between the two series that emerges at their linking point. The time …
Persistent link: https://www.econbiz.de/10003922946
well, including those in which voters vote informatively. -- efficient information aggregation ; simple plurality rule …
Persistent link: https://www.econbiz.de/10009127595
This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is … Pesaran (2003), an optimal aggregate function is derived, and the limiting behavior of the aggregation error is investigated … properties of aggregate variables from .a very large scale dynamic, econometric model., and considers the time profiles of the …
Persistent link: https://www.econbiz.de/10009010169