Zobrazeno 1 - 10
of 97
pro vyhledávání: '"Nicola Gennaioli"'
Autor:
Nicola Gennaioli, Guido Tabellini
Publikováno v:
SSRN Electronic Journal.
In many economic decisions, people estimate probabilities, such as the likelihood that a risk materializes or that a job applicant will be a productive employee, by retrieving experiences from memory. We model this process based on two established re
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::2ff47097f2d42b6d2870ffc43fb319e9
https://hdl.handle.net/11565/4051405
https://hdl.handle.net/11565/4051405
Autor:
Guido Tabellini, Nicola Gennaioli
Publikováno v:
The Quarterly Journal of Economics
We present a theory of identity politics that builds on two ideas. First, voters identify with the social group whose interests are closest to theirs and that features the strongest policy conflict with outgroups. Second, identification causes voters
Publikováno v:
Psychological Review
We explore the idea that judgment by representativeness reflects the workings of memory. In our model, the probability of a hypothesis conditional on data increases in the ease with which instances of that hypothesis are retrieved when cued with the
Publikováno v:
American Economic Review
We study the rationality of individual and consensus professional forecasts of macroeconomic and financial variables using the methodology of Coibion and Gorodnichenko (2015), which examines predictability of forecast errors from forecast revisions.
We incorporate diagnostic expectations, a psychologically founded model of overreaction to news, into a workhorse business cycle model with heterogeneous firms and risky debt. A realistic degree of diagnosticity, estimated from the forecast errors of
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::9a7dfc380e1822a50085ecd2e29eca1f
https://doi.org/10.3386/w28416
https://doi.org/10.3386/w28416
Publikováno v:
SSRN Electronic Journal.
We incorporate diagnostic expectations, a psychologically founded model of overreaction to news, into a workhorse business cycle model with heterogeneous firms and risky debt. A realistic degree of diagnosticity, estimated from the forecast errors of