Showing 1 - 10 of 19,501
policymakers. When experts face incentives to directionally persuade instead of incentives to accurately inform receivers, they are … 25-29 percentage points more likely to communicate using language rather than numbers. Experts with incentives to … imprecision of language to excuse themselves for slanting more. Receivers are persuaded by experts with directional incentives …
Persistent link: https://www.econbiz.de/10015211273
reasonably approximate real-life decision makers? behavior. Testing this theory with field data is difficult since typically …
Persistent link: https://www.econbiz.de/10010262147
reasonably approximate real-life decision makers’ behavior. Testing this theory with field data is difficult since typically …
Persistent link: https://www.econbiz.de/10010263116
Behavioral and experimental literature on financial instability focuses on either subjective price expectations (Learning-to-Forecast experiments) or individual trading (Learning-to-Optimize experiments). Bao et al. (2017) have shown that subjects have problems with both tasks. In this paper, I...
Persistent link: https://www.econbiz.de/10011960099
Economists and management scholars have argued that the scope of incentives to increase cooperation in organizations is … prevailing cooperation levels among employees before they can set incentives to promote cooperation. In addition, employees …-liefs about the cooperativeness of others. Incentives hence have strong positive effects on cooperative beliefs, irrespective of …
Persistent link: https://www.econbiz.de/10014290212
The paper studies whether a drought in 1788 affected the outbreak of peasant revolts during the French Revolution. I construct a community-level data set with information on local drought severity and peasant uprisings in 1789. Results indicate that those more affected by the drought more often...
Persistent link: https://www.econbiz.de/10014290213
experiment that varies freelance professionals' incentives to attract attention about scientific findings, with several online … experiments that exogenously expose receivers to the content created. Attention incentives lead to significantly less information … being transmitted, but not more factually inaccurate content. These incentives increase information demand and the knowledge …
Persistent link: https://www.econbiz.de/10015419115
In this paper we empirically examine a heterogeneous bounded rationality version of a hybrid New-Keynesian model. The model is estimated via the simulated method of moments using Euro Area data from 1975Q1 to 2009Q4. It is generally assumed that agents' beliefs display waves of optimism and...
Persistent link: https://www.econbiz.de/10010310636
We use the investment game introduced by Berg, Dickhaut and McCabe (1995) to explore gender differences in trust and reciprocity. In doing so we replicate and extend the results first reported by Croson and Buchan (1999). We find that men exhibit greater trust than women do while women show much...
Persistent link: https://www.econbiz.de/10010263242
Models with heterogeneous interacting agents explain macro phenomena through interactions at the micro level. We propose genetic algorithms as a model for individual expectations to explain aggregate market phenomena. The model explains all stylized facts observed in aggregate price fluctuations...
Persistent link: https://www.econbiz.de/10010263533