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Le Yaouanq, Yves - 2018

This paper develops a theory in which heterogeneity in political preferences produces a partisan disagreement about … voters' intrinsic preferences or because of rigidities in the political process. The theory predicts that providing mixed …

Persistent link: https://www.econbiz.de/10011899691

Student performance and loss aversion

Karle, Heiko; Engelmann, Dirk; Peitz, Martin - 2019 - Version: August 21, 2019

field environment of decision making under uncertainty. Furthermore, the degree of loss aversion appears to be persistent …

Persistent link: https://www.econbiz.de/10012064831

Regulated correlations : climate policy and investment risks

Neupert-Zhuang, Menglu; Schenker, Oliver - 2024

diversification value of these assets. Uncertainty about the stringency of carbon taxes leads to lower shares of fossil fuel assets …

Persistent link: https://www.econbiz.de/10015271324

Economic uncertainty and subjective inflation expectations

Rossmann, Tobias - 2019

Measuring economic uncertainty is crucial for understanding investment decisions by individuals and firms …. Macroeconomists increasingly rely on survey data on subjective expectations. An innovative approach to measure aggregate uncertainty … uncertainty. The results provide evidence for the existence of considerable heterogeneity in individuals' response behavior and …

Persistent link: https://www.econbiz.de/10012034114

Markets for leaked information

Huck, Steffen; Weizsäcker, Georg - 2016 - (Revised February 2016)

We study markets for sensitive personal information. An agent wants to communicate with another party but any revealed information can be intercepted and sold to a third party whose reaction harms the agent. The market for information induces an adverse sorting effect, allocating the information...

Persistent link: https://www.econbiz.de/10011433634

Markets for leaked information

Huck, Steffen; Weizsäcker, Georg - 2015 - November 2015

Persistent link: https://www.econbiz.de/10011380192

Persuasion by stress testing : optimal disclosure of supervisory information in the banking sector

Gick, Wolfgang; Pausch, Thilo - 2012

enhance welfare. The paper offers a new theory to explain why stress tests are generally welfare enhancing. We also offer a …

Persistent link: https://www.econbiz.de/10009674818

Decentralizing centralized matching markets : implications from early offers in university admissions

Grenet, Julien; He, Yinghua; Kübler, Dorothea - 2019

The matching literature commonly rules out that market design itself shapes agent preferences. Underlying this premise is the assumption that agents know their own preferences at the outset and that preferences do not change throughout the matching process. Under this assumption, a centralized...

Persistent link: https://www.econbiz.de/10012033869

An economic model of the meat paradox

Hestermann, Nina; Le Yaouanq, Yves; Treich, Nicolas - 2019

Many individuals have empathetic feelings towards animals but frequently consume meat. We investigate this "meat paradox" using insights from the literature on motivated reasoning in moral dilemmata. We develop a model where individuals form self-serving beliefs about the suffering of animals...

Persistent link: https://www.econbiz.de/10012034136

Heterogeneous expectations among professional forecasters

Conrad, Christian; Lahiri, Kajal - 2023

Macroeconomic expectations of various economic agents are characterized by substantial cross-sectional heterogeneity. In this paper, we focus on expectations heterogeneity among professional forecasters. We first present stylized facts and discuss theoretical explanations for heterogeneous...

Persistent link: https://www.econbiz.de/10014472058