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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25034 |
来源ID | Working Paper 25034 |
Peer Advice on Financial Decisions: A case of the blind leading the blind? | |
Sandro Ambuehl; B. Douglas Bernheim; Fulya Ersoy; Donna Harris | |
发表日期 | 2018-09-17 |
出版年 | 2018 |
语种 | 英语 |
摘要 | We investigate the impact of peer interaction on the quality of financial decision making in a laboratory experiment. Face-to-face communication with a randomly assigned peer significantly improves the quality of subsequent private decisions even though simple mimicry would have the opposite effect. We present evidence that the mechanism involves general conceptual learning (because the benefits of communication extend to previously unseen tasks), and that the most effective learning relationships are horizontal rather than vertical (because people with weak skills benefit most when their partners also have weak skills). The benefits of demonstrably effective financial education do not propagate to peers. |
主题 | Microeconomics ; Behavioral Economics ; Households and Firms ; Welfare and Collective Choice |
URL | https://www.nber.org/papers/w25034 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582708 |
推荐引用方式 GB/T 7714 | Sandro Ambuehl,B. Douglas Bernheim,Fulya Ersoy,et al. Peer Advice on Financial Decisions: A case of the blind leading the blind?. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w25034.pdf(446KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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