Narrow search
Showing 1 - 10 of 35,132
Cover Image
Beliefs and Utility: Experimental Evidence on Preferences for Information
Falk, Armin; Zimmermann, Florian - 2016
Beliefs are a central determinant of behavior. Recent models assume that beliefs about or the anticipation of future …, however, is not uniform but depends on context. When the environment allows subjects to not focus attention on (negative …
Persistent link: https://www.econbiz.de/10011555503
Cover Image
Beliefs and utility : experimental evidence on preferences for information
Falk, Armin; Zimmermann, Florian - 2016
Beliefs are a central determinant of behavior. Recent models assume that beliefs about or the anticipation of future …, however, is not uniform but depends on context. When the environment allows subjects to not focus attention on (negative …
Persistent link: https://www.econbiz.de/10011523747
Cover Image
Beliefs and utility : experimental evidence on preferences for information
Falk, Armin; Zimmermann, Florian - 2016
Beliefs are a central determinant of behavior. Recent models assume that beliefs about or the anticipation of future …, however, is not uniform but depends on context. When the environment allows subjects to not focus attention on (negative …
Persistent link: https://www.econbiz.de/10011528156
Cover Image
Differences Attract: An Experimental Study of Focusing in Economic Choice
Andersson, Ola; Ingebretsen Carlson, Jim; Wengström, Erik - 2016
Several recent models of choice build on the idea that decision makers are more likely to choose an option if its attributes stand out compared to the attributes of the available alternatives. One example is the model of focusing by Köszegi and Szeidl (2013) where decision makers focus...
Persistent link: https://www.econbiz.de/10013208758
Cover Image
Differences attract: An experimental study of focusing in economic choice
Andersson, Ola; Ingebretsen Carlson, Jim; Wengström, Erik - 2016
Several recent behavioral models of choice build on the idea that decision makers put more weight on attributes in which the available options differ more. We test this assumption in a controlled experiment where such biases will generate choice inconsistencies. As hypothesized, we find that...
Persistent link: https://www.econbiz.de/10011917021
Cover Image
Differences attract : an experimental study of focusing in economic choice
Andersson, Ola; Carlson, Jim Ingebretsen; Wengström, Erik - 2016
Several recent behavioral models of choice build on the idea that decision makers put more weight on attributes in which the available options differ more. We test this assumption in a controlled experiment where such biases will generate choice inconsistencies. As hypothesized, we find that...
Persistent link: https://www.econbiz.de/10011579506
Cover Image
Correlation Neglect in Belief Formation
Enke, Benjamin; Zimmermann, Florian - 2013
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
Cover Image
Correlation Neglect in Belief Formation
Enke, Benjamin; Zimmermann, Florian - 2013
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/10010312978
Cover Image
Correlation Neglect in Belief Formation
Enke, Benjamin; Zimmermann, Florian - 2013
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
Cover Image
Correlation neglect in belief formation : conference paper
Enke, Benjamin; Zimmermann, Florian - 2013
people neglect correlations in the updating process, leading to systematically "overshooting" beliefs. This finding lends …
Persistent link: https://www.econbiz.de/10010339934