Results 31 to 40 of about 72,391 (49)
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Learning from Inflation Experiences
, 2016How do individuals form expectations about future inflation? We propose that individuals overweight inflation experienced during their lifetimes. This approach modifies existing adaptive learning models to allow for age-dependent updating of expectations
Ulrike Malmendier, S. Nagel
semanticscholar +1 more source
Misperceived Social Norms: Women Working Outside the Home in Saudi Arabia
The American Economic Review, 2020We show that the vast majority of young married men in Saudi Arabia privately support women working outside the home (WWOH) and substantially underestimate support by other similar men.
Leonardo Bursztyn +2 more
semanticscholar +1 more source
Naïve Learning in Social Networks and the Wisdom of Crowds
, 2010We study learning in a setting where agents receive independent noisy signals about the true value of a variable and then communicate in a network. They naively update beliefs by repeatedly taking weighted averages of neighbors' opinions.
B. Golub, M. Jackson
semanticscholar +1 more source
Information Design: A Unified Perspective
Journal of Economic Literature, 2017Given a game with uncertain payoffs, information design analyzes the extent to which the provision of information alone can influence the behavior of the players.
D. Bergemann, S. Morris
semanticscholar +1 more source
Welfare Comparisons for Biased Learning
The American Economic ReviewWe study robust welfare comparisons of learning biases (misspecified Bayesian and some forms of non-Bayesian updating). Given a true signal distribution, we deem one bias more harmful than another if it yields lower objective expected payoffs in all ...
Mira Frick, Ryota Iijima, Y. Ishii
semanticscholar +1 more source
The Gender Gap in Confidence: Expected But Not Accounted For
Social Science Research NetworkWe investigate how the gender gap in confidence affects the views that evaluators (e.g., employers) hold about men and women. We find the confidence gap is contagious, causing evaluators to form overly pessimistic beliefs about women.
C. Exley, Kirby Nielsen
semanticscholar +1 more source
Consistent Depth of Reasoning in Level-k Models
American Economic Journal: MicroeconomicsLevel-k models often assume that individuals employ a fixed depth of reasoning across different games. We study this assumption by having subjects make choices in five classes of games chosen to identify inconsistent depth of reasoning.
D. Cooper +3 more
semanticscholar +1 more source
Political Social Learning: Short-Term Memory and Cycles of Polarization
The American Economic ReviewThis paper investigates the effect of voters’ short-term memory on political outcomes by considering politics as a collective learning process. We find that short-term memory may lead to cycles of polarization and consensus across parties’ platforms ...
Gilat Levy, R. Razin
semanticscholar +1 more source
Communicating Program Eligibility: A Supplemental Security Income (SSI) Field Experiment
American Economic Journal: Economic PolicyWe conducted a direct mail field experiment with 4,016,461 individuals to test several key hypotheses about why take-up of Supplemental Security Income among individuals age 65 and above is so low.
Jeffrey Hemmeter +3 more
semanticscholar +1 more source
Competing to Commit: Markets with Rational Inattention
Social Science Research NetworkTwo homogeneous-good firms compete for a consumer’s unitary demand. The consumer is rationally inattentive and pays entropy costs to process information about firms’ offers. Compared to a collusion benchmark, competition produces two effects.
Carlo Cusumano +2 more
semanticscholar +1 more source