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of 3 536
pro vyhledávání: '"jel:D83"'
Publikováno v:
Management Science. 68:7793-7817
We use a series of experiments to understand whether and how people’s beliefs about their own abilities are biased relative to the Bayesian benchmark and how these beliefs then affect behavior. We find that subjects systematically and substantially
Publikováno v:
Journal of Economic Behavior & Organization. 203:246-263
Household finances are confidential and discussions are limited to a subset of peers. We collect novel representative survey data to examine separately whether interactions with inner and outer social circles influence return perceptions, expectation
Publikováno v:
The Review of Economic Studies. 90:1394-1440
This article develops a discrete choice model of demand with optimal sequential consumer search. Consumers first choose a product to search; then, once they learn the utility they get from the searched product, they choose whether to buy it or to kee
Envy is an unpleasant emotion. If individuals anticipate that comparing their payoff with the (potentially higher) payoff of others will make them envious, they may want to actively avoid information about other people’s payoffs. Given the opportun
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::9a5bfea99b926b024cd3aff354862ce1
Publikováno v:
American Economic Journal: Microeconomics. 13:141-173
This paper uses laboratory experiments to directly test a central prediction of disclosure theory: that market forces can lead businesses to voluntarily provide information about the quality of their products. This theoretical prediction is based on
Publikováno v:
IDEC DP2 Series. 10(9):1-38
This study examines the effect of social networks and central figures in networks on information diffusion. Exploiting a government subsidy program and training workshops regarding the fair-trade and organic farming certifications in Sri Lanka, we co
Autor:
George-Marios Angeletos, Jennifer La'O
Publikováno v:
Journal of Political Economy. 128:1027-1064
We study optimal monetary policy in an environment in which firms' pricing and production decisions are subject to informational frictions. Our framework accommodates multiple formalizations of these frictions, including dispersed private information
Autor:
Makino, Momoe
Publikováno v:
IDE Discussion Paper = IDE Discussion Paper. 826
Women’s paid-work participation remains low in South Asian countries even though it is considered crucial for development and alleviation of poverty. Prior qualitative interviews have revealed the general lack of knowledge on labor market opportuni
Publikováno v:
European Economic Review, 116, 129-147. Elsevier
Previous research has documented strong peer effects in risk taking, but little is known about how such social influences affect market outcomes. The consequences of social interactions are hard to isolate in financial data, and theoretically it is n
Autor:
Jason R. Blevins, Garrett T. Senney
Publikováno v:
Quantitative Economics. 10:891-929
This paper develops a dynamic model of consumer search that, despite placing very little structure on the dynamic problem faced by consumers, allows us to exploit intertemporal variation in within-period price and search cost distributions to estimat