Showing 1 - 10 of 26
A lack of transparency about policy performance can pose a major obstacle to welfare-enhancing policy competition across jurisdictions. In parallel surveys with German citizens and state parliamentarians, we document that both groups misperceive the performance of their state’s education...
Persistent link: https://www.econbiz.de/10014232734
Using a randomized information experiment embedded in a representative survey, we study households' economic expectations at onset of the COVID-19 crisis. Our experimental evidence indicates that households are not fully aware of what is happening in the economy shortly after the pandemic...
Persistent link: https://www.econbiz.de/10015205429
We analyse and compare individual beliefs about the effects of competition and their evolution over time in transition … economies and experienced market economies. At the onset of transition, competition beliefs in transition countries are far more … in transition countries. We argue that overly optimistic competition beliefs in transition countries contributed to the …
Persistent link: https://www.econbiz.de/10010194639
form motivated beliefs in order to improve their subjective anticipation of the future political outcome. In equilibrium … evidence produces a temporary polarization of beliefs, but that disclosing unequivocal information eliminates the disagreement. …
Persistent link: https://www.econbiz.de/10011899691
Confidence is often seen as the key to success. Empirical evidence about whether such beliefs causally map into actions … shift beliefs, we find that beliefs can be shifted, which in turn shifts decisions. In our setting, the beliefs of low … and women react similarly to the treatment. However, men hold higher baseline beliefs, implying that women make better …
Persistent link: https://www.econbiz.de/10011778918
persuasion. Our results reveal several insights. First, narratives are persuasive: We find that they systematically shift beliefs …
Persistent link: https://www.econbiz.de/10014532535
This study presents descriptive and causal evidence on the role of the social environment in shaping the accuracy of self-assessment. We introduce a novel incentivized measurement tool to measure the accuracy of self-assessment among children and use this tool to show that children from high...
Persistent link: https://www.econbiz.de/10012237545
about how such beliefs about one's own abilities causally influence choices is, however, sparse. In this paper, we use a …
Persistent link: https://www.econbiz.de/10012238957
A large literature studies subjective beliefs about economic facts using unincentivized survey questions. We devise … beliefs about average earnings by professional degree and average public school spending. Incentive provision does not impact … earnings beliefs, but improves school-spending beliefs. Response patterns suggest that the latter effect likely reflects …
Persistent link: https://www.econbiz.de/10012033460
, who adjust their ability beliefs downwards in response to feedback. …
Persistent link: https://www.econbiz.de/10012033544