Results 11 to 20 of about 72,391 (49)

Belief Elicitation and Behavioral Incentive Compatibility

The American Economic Review, 2022
Subjective beliefs are crucial for economic inference, yet behavior can challenge the elicitation. We propose that belief elicitation should be incentive compatible not only theoretically but also in a de facto behavioral sense.
David Nils Danz, L. Vesterlund, Alistair J. Wilson   +2 more
semanticscholar   +1 more source

Data and the Aggregate Economy

Journal of Economic Literature
Recent data technology innovations, such as artificial intelligence and machine learning, have transformed the production of knowledge and increased the importance of data.
Laura L. Veldkamp, C. Chung
semanticscholar   +1 more source

Mental Models and Learning: The Case of Base-Rate Neglect

The American Economic Review
We experimentally document persistence of suboptimal behavior despite ample opportunities to learn from feedback in a canonical updating problem where people suffer from base-rate neglect. Our results provide insights on the mechanisms hindering learning
Ignacio Esponda, Emanuel Vespa, S. Yuksel   +2 more
semanticscholar   +1 more source

How Do Firms Form Their Expectations? New Survey Evidence

The American Economic Review, 2015
We survey New Zealand firms and document novel facts about their macroeconomic beliefs. There is widespread dispersion in beliefs about past and future macroeconomic conditions, especially inflation.
Olivier Coibion, Y. Gorodnichenko, Saten Kumar   +2 more
semanticscholar   +1 more source

Everyday Econometricians: Selection Neglect and Overoptimism When Learning from Others

American Economic Journal: Microeconomics
This study explores selection neglect in an experimental investment game where individuals can learn from others’ outcomes. Experiment 1 examines aggregate-level equilibrium behavior.
K. Barron, S. Huck, P. Jehiel
semanticscholar   +1 more source

Nonrivalry and the Economics of Data

The American Economic Review, 2019
Data is nonrival: a person’s location history, medical records, and driving data can be used by many firms simultaneously. Nonrivalry leads to increasing returns. As a result, there may be social gains to data being used broadly across firms, even in the
C. I. Jones, Christopher Tonetti
semanticscholar   +1 more source

The Good News-Bad News Effect: Asymmetric Processing of Objective Information about Yourself

, 2011
We study processing and acquisition of objective information regarding qualities that people care about, intelligence and beauty. Subjects receiving negative feedback did not respect the strength of these signals, were far less predictable in their ...
David Eil, Justin M. Rao
semanticscholar   +1 more source

Breaking Gender Barriers: Experimental Evidence on Men in Pink-Collar Jobs

Social Science Research Network
I investigate men’s limited entry into female-dominated sectors through a large-scale field experiment. The design exogenously varies recruitment messages by showing photographs of current workers (male or female) and providing information on the share ...
Alexia Delfino
semanticscholar   +1 more source

The Immigrant Next Door: Long-Term Contact, Generosity, and Prejudice

Social Science Research Network
We study how decades-long exposure to individuals of a given foreign descent shapes natives’ attitudes and behavior toward that group. Using individualized donations data, we show that long-term exposure to a given foreign ancestry leads to more generous
Leonardo Bursztyn, Thomas Chaney, T. Hassan, Aakaash Rao   +3 more
semanticscholar   +1 more source

Measuring and Bounding Experimenter Demand

The American Economic Review, 2017
We propose a technique for assessing robustness to demand effects of findings from experiments and surveys. The core idea is that by deliberately inducing demand in a structured way we can bound its influence.
Jonathan de Quidt, J. Haushofer, Christopher Roth   +2 more
semanticscholar   +1 more source