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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w30262 |
来源ID | Working Paper 30262 |
Confidence, Self-Selection and Bias in the Aggregate | |
Benjamin Enke; Thomas Graeber; Ryan Oprea | |
发表日期 | 2022-07-18 |
出版年 | 2022 |
语种 | 英语 |
摘要 | The influence of behavioral biases on aggregate outcomes like prices and allocations depends in part on self-selection: whether rational people opt more strongly into aggregate interactions than biased individuals. We conduct a series of betting market, auction and committee experiments using 15 classic cognitive bias tasks. We document that some cognitive errors are strongly reduced through self-selection, while others are not affected at all. A large part of this variation is explained by the quality of people's meta-cognition. In some cognitive tasks, confidence and performance are strongly positively correlated, while for others this link is absent or even negative. |
主题 | Microeconomics ; Behavioral Economics |
URL | https://www.nber.org/papers/w30262 |
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/587934 |
推荐引用方式 GB/T 7714 | Benjamin Enke,Thomas Graeber,Ryan Oprea. Confidence, Self-Selection and Bias in the Aggregate. 2022. |
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 | ||
w30262.pdf(2143KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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