Showing 1 - 10 of 54
Persistent link: https://www.econbiz.de/10012030178
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/10010319432
We study beliefs and choices in a repeated normal-form game. In addition to a baseline treatment with common knowledge … its development over time. We use belief statements to track the consistency of subjects.actions and beliefs as well as … the accuracy of their beliefs (relative to the opponent.s true choice) over time. In the baseline treatment we observe …
Persistent link: https://www.econbiz.de/10010263726
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/10010328793
regression analysis yields a measure of the relative importance of priors and signals on subjects' beliefs on contributions and … of beliefs. We argue that the sustainability of cooperation is related to this pattern of belief formation. …
Persistent link: https://www.econbiz.de/10010369347
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/10010396967
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/10010397879
We investigate the link between leadership, beliefs and pro-social behavior. This link is interesting because field … influenced by leaders (CEOs, politicians) and beliefs about others' behavior. Our framework is an experimental public goods game … with a leader. We find that leaders strongly shape their followers' initial beliefs and contributions. In later rounds …
Persistent link: https://www.econbiz.de/10010435289
We investigate the link between leadership, beliefs and pro-social behavior. This link is interesting because field … influenced by leaders (CEOs, politicians) and beliefs about others' behavior. Our framework is an experimental public goods game … with a leader. We find that leaders strongly shape their followers' initial beliefs and contributions. In later rounds …
Persistent link: https://www.econbiz.de/10010435735
We investigate the link between leadership, beliefs and pro-social behavior. This link is interesting because field … influenced by leaders (CEOs, politicians) and beliefs about others' behavior. Our framework is an experimental public goods game … with a leader. We find that leaders strongly shape their followers' initial beliefs and contributions. In later rounds …
Persistent link: https://www.econbiz.de/10011444291