Expectation formation under uninformative signals
How do individuals process non-diagnostic information? According to Bayes’ Theorem, signals which do not carry relevant information about the objective state of the world are treated as if no signal occurred. This paper provides experimental evidence that individuals update their expectations even a...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Dokumenttyp: | Buch/Monographie Arbeitspapier |
| Sprache: | Englisch |
| Veröffentlicht: |
[S.l.]
SSRN
17 Nov 2022
|
| DOI: | 10.2139/ssrn.3971733 |
| Online-Zugang: | Verlag, kostenfrei: https://ssrn.com/abstract=3971733 Resolving-System, kostenfrei: https://doi.org/10.2139/ssrn.3971733 |
| Verfasserangaben: | Pascal Kieren, Martin Weber |
Search Result 1