Anzeige der Dokumente 1-15 von 15

    • A Life-Cycle Model with Ambiguous Survival Beliefs 

      Groneck, Max; Ludwig, Alexander; Zimper, Alexander (2015-10-02)
      Based on a cognitive notion of neo-additive capacities reflecting likelihood insensitivity with respect to survival chances, we construct a Choquet Bayesian learning model over the life-cycle that generates a motivational ...
    • ACS 

      Unbekannter Autor
      The American Community Survey (ACS) helps local officials, community leaders, and businesses understand the changes taking place in their communities. It is the premier source for detailed population and housing information ...
    • Belief Formation and Belief Updating under Ambiguity: Evidence from Experiments 

      Li, Wenhui; Wilde, Christian (2019-09-21)
      Decisions under ambiguity depend on both the belief regarding possible scenarios and the attitude towards ambiguity. This paper exclusively focuses on beliefs, measured independent from attitudes. We use laboratory experiments ...
    • Cognition, Optimism and the Formation of Age-Dependent Survival Beliefs 

      Grevenbrock, Nils; Groneck, Max; Ludwig, Alexander; Zimper, Alexander (2018-06-02)
      This paper investigates the roles psychological biases play in deviations between subjective survival beliefs (SSBs) and objective survival probabilities (OSPs). We model deviations between SSBs and OSPs through age-dependent ...
    • Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations 

      Hanspal, Tobin; Weber, Annika; Wohlfart, Johannes (2020-05-21)
      We survey a representative sample of US households to study how exposure to the COVID-19 stock market crash affects expectations and planned behavior. Wealth shocks are associated with upward adjustments of expectations ...
    • FLEX 

      Unbekannter Autor
      FLEX – the Frankfurt Laboratory for Experimental Economic Research is a research center at the Faculty of Economics and Business at Goethe University in Frankfurt.
    • FLEX311_LW_2021 

      Unbekannter Autor
      In the experiments, the ambiguous environment is operationalized by an urn. Subjects participating in the experiments are told that the urn contains in total 100 balls, and that each ball is either a white ball or a black ...
    • HMD 

      Unbekannter Autor
      The Human Mortality Database (HMD) contains original calculations of death rates and life tables for national populations (countries or areas), as well as the input data used in constructing those tables. The input data ...
    • HRS 

      Unbekannter Autor
      The University of Michigan Health and Retirement Study (HRS) is a longitudinal panel study that surveys a representative sample of approximately 20,000 people in America, supported by the National Institute on Aging (NIA ...
    • Peer Effects and Risk Sharing in Experimental Asset Markets 

      Baghestanian, Sascha; Gortner, Paul J.; van der Weele, Joël J. (2015-02-02)
      Previous research has documented strong peer effects in risk taking, but little is known about how such social influences affect market outcomes. Since the consequences of social interactions are hard to isolate in financial ...
    • PSID 

      Unbekannter Autor
      The Panel Study of Income Dynamics (PSID) is the longest running longitudinal household survey in the world. The study began in 1968 with a nationally representative sample of over 18,000 individuals living in 5,000 families ...
    • SCF 

      Unbekannter Autor
      The Survey of Consumer Finances (SCF) is normally a triennial cross-sectional survey of U.S. families. The survey data include information on families’ balance sheets, pensions, income, and demographic characteristics. ...
    • Separating the Effects of Beliefs and Attitudes on Pricing under Ambiguity 

      Li, Wenhui; Wilde, Christian (2021-03-10)
      The pricing of an ambiguous asset, whose cash flow stream is uncertain, may be affected by three factors: the belief regarding the realization likelihood of cash flows, the subjective attitude towards risk, and the attitude ...
    • Survey_HWW_2020 

      Unbekannter Autor
    • The Impact of Biases in Survival Beliefs on Savings Behavior 

      Groneck, Max; Ludwig, Alexander; Zimper, Alexander (2017-03-24)
      "On average young people ""undersave"" whereas old people ""oversave"" with respect to the rational expectations model of life-cycle consumption and savings. According to numerous studies on subjective survival beliefs, ...