durable spending. Possible channels for these effects include more optimistic macroeconomic expectations and higher trust in …

reflected in the forecasting capabilities of professional analysts: all in all, analysts are not in a position to beat native … environment, we analyse the forecasting behaviour of students experimentally, using a simulated currency series. Our results … indicate that a topically oriented trend adjustment behaviour (TOTA) is a general characteristic of human forecasting behaviour …

Behavioral biases in forecasting, particularly the lack of adjustment from current values and the overall clustering of … that implements central aspects of forecasting to close the gap between empirical studies on forecasting quality and the …

related mood, disappointment aversion and expectations-based or social reference points. Delving into the underlying …