G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11478
DP11478 Optimal Illusion of Control and Related Perception Biases
jakub steiner; Olivier Gossner
发表日期2016-08-29
出版年2016
语种英语
摘要We study perception biases arising under second-best perception strategies. An agent correctly observes a parameter that is payoff-relevant in many decision problems that she encounters in her environment but is unable to retain all the information until her decision. A designer of the decision process chooses a perception strategy that determines the distribution of the perception errors. If some information loss is unavoidable due to cognition constraints, then (under additional conditions) the optimal perception strategy exhibits the illusion of control, overconfidence, and optimism.
主题Industrial Organization
关键词Perception Overconfidence Information processing
URLhttps://cepr.org/publications/dp11478
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/540292
推荐引用方式
GB/T 7714
jakub steiner,Olivier Gossner. DP11478 Optimal Illusion of Control and Related Perception Biases. 2016.
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