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People with higher-incomes tend to support less redistribution than lower-income people. This has been attributed not only to self-interest, but also to psychological mechanisms including differing beliefs about the hard work or luck underlying inequality, differing fairness views, and differing...
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In our political-agency setting, voters are uninformed about two traits of an incumbent politician: ability and bias. Voters observe the implemented policy and learn the state immediately before the election. We show that when the bias of biased politicians is strong such that voters prefer...
Persistent link: https://www.econbiz.de/10012850645
We build a model of media bias in which consumers with heterogeneous beliefs do not know whether the media firm (i) is biased and (ii) has received an informative signal (“news”). The firm submits a report to consumers, who may in turn invest in verification and leave if supposed news is...
Persistent link: https://www.econbiz.de/10013295069
A designer conducts random searches to detect criminals, and may condition the search probability on individuals' appearance. She updates her belief about the distribution of criminals across appearances using her search results, but incorrectly takes her sample distribution for the population...
Persistent link: https://www.econbiz.de/10012436826
We investigate the role of conflicting interests in a boundedly rational model of belief dynamics. Individuals have different preferences about the action to take, are subject to persuasion bias and repeatedly communicate with their neighbors in a social network. They communicate strategically...
Persistent link: https://www.econbiz.de/10014135492