Showing 1 - 10 of 6,546
and treat correlated information as independent. In consequence, people's beliefs are excessively sensitive to well …-connected information sources, implying a pattern of "overshooting" beliefs. Additionally, in an experimental asset market, correlation …
Persistent link: https://www.econbiz.de/10010211474
and treat correlated information as independent. In consequence, people s beliefs are excessively sensitive to well …-conncected information sources, implying a pattern of overshooting beliefs. Additionally, in an experimental asset market, correlation …
Persistent link: https://www.econbiz.de/10009748615
people neglect correlations in the updating process, leading to systematically "overshooting" beliefs. This finding lends …
Persistent link: https://www.econbiz.de/10010339934
It is widely hypothesized that anxiety and worry about an uncertain future lead to the adoption of comforting beliefs …
Persistent link: https://www.econbiz.de/10012026094
The psychology literature provides ample evidence that people have difficulties taking the perspective of less-informed others. This paper presents a controlled experiment showing that this "curse of knowledge" can cause comparative overconfidence and overentry into competition. In a broader...
Persistent link: https://www.econbiz.de/10010403249
visual frame. Results are in line with the distracted attention mechanism and suggest that disclosure policies should take …
Persistent link: https://www.econbiz.de/10011416914
changing preferences and focusing attention. The resulting Limited Attention Status Quo Bias model can explain both the finding … of decision avoidance are inconsistent with the latter. We report the results of laboratory experiments which show that … both attention and preference channels are necessary to explain the impact of status quo on choice. …
Persistent link: https://www.econbiz.de/10010423797
understand the formation of such views and find levers to affect them, we study the role of attention. In a large online … experiment, we investigate how subjects allocate their visual attention to the contributions of merit and luck in the generation … less attention to information about true merit and retain more of the surplus. Both the attentional and behavioral patterns …
Persistent link: https://www.econbiz.de/10012591312
experiments that exogenously expose receivers to the content created. Attention incentives lead to significantly less information …How does information transmission change when it requires attracting the attention of receivers? This paper combines an … experiment that varies freelance professionals’ incentives to attract attention about scientific findings, with several online …
Persistent link: https://www.econbiz.de/10015402019
"undesirable" values. In laboratory experiments and surveys, I provide causal evidence that consumption can be diagnostic of …
Persistent link: https://www.econbiz.de/10013285514