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Deception and Convergence of Opinions Part 2: the Effects of Reproducibility

Palmer, Victor - In: Journal of Artificial Societies and Social Simulation 9 (2006) 1, pp. 14-14

in support of each theory, and how much, if any, deception was believed to be present in the published articles. A key … (and somewhat disturbing) result of this work was that for even relatively small amounts of perceived deception in the … confidence in one of the two theories can converge to unity, regardless of the amount of amount of deception believed to be …

Persistent link: https://www.econbiz.de/10005518614

Deception and Convergence of Opinions

Martins, André C. R. - In: Journal of Artificial Societies and Social Simulation 8 (2005) 2, pp. 3-3

the possibility that each article might be a deception is analyzed. …

Persistent link: https://www.econbiz.de/10005481616

Lectures on Behavioral Macroeconomics

Grauwe, Paul De - Princeton University Press

In mainstream economics, and particularly in New Keynesian macroeconomics, the booms and busts that characterize capitalism arise because of large external shocks. The combination of these shocks and the slow adjustments of wages and prices by rational agents leads to cyclical movements. In this...

Persistent link: https://www.econbiz.de/10010862630

Skill or Luck? Biases of Rational Agents

Eric, Van den Steen - Sloan School of Management, Massachusetts Institute of … - 2002

This paper shows why, in a world with differing priors, rational agents tend to attribute their own success more to skill and their failure more to bad luck than an outsider. It further shows why each agent in a group might think he or she is the best, why an agent might overestimate the control...

Persistent link: https://www.econbiz.de/10005574577

Skill or Luck? Biases of Rational Agents

Van den Steen, Eric - Sloan School of Management, Massachusetts Institute of … - 2002

Persistent link: https://www.econbiz.de/10005574646

La crisis actual y la culpabilidad de la teoría macroeconómica

Ormerod, Paul - In: Revista de Economía Institucional 12 (2010) January-June, pp. 111-128

The ideas of modern macroeconomics provided the intellectual justification of the economic policies of the last 10 to 15 years. It is these ideas which the financial crisis falsified. The dominant paradigm in macroeconomic theory over the past 30 years has been that of rational agents who form...

Persistent link: https://www.econbiz.de/10008539905

Introduction to Connections: An Introduction to the Economics of Networks

Goyal, Sanjeev - Princeton University Press

Networks pervade social and economic life, and they play a prominent role in explaining a huge variety of social and economic phenomena. Standard economic theory did not give much credit to the role of networks until the early 1990s, but since then the study of the theory of networks has...

Persistent link: https://www.econbiz.de/10005696689

Preface

Grauwe, Paul De - Princeton University Press

Persistent link: https://www.econbiz.de/10010681711

Why rational agents report zero or negative WTPs in valuation experiments

Johansson, Per-Olov; Kriström, Bengt - In: Journal of environmental economics and policy 10 (2021) 1, pp. 22-27

Persistent link: https://www.econbiz.de/10012440129

Estimation with aggregate shocks

Hahn, Jinyong; Kuersteiner, Guido M.; Mazzocco, Maurizio - In: The review of economic studies : RES 87 (2020) 3, pp. 1365-1398

Persistent link: https://www.econbiz.de/10012208055