Base-Rate Neglect and Imperfect Information Acquisition
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Abstract
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References listed on IDEAS
- Hurkens, Sjaak & Vulkan, Nir, 2006.
"Endogenous private information structures,"
European Economic Review, Elsevier, vol. 50(1), pages 35-54, January.
- Sjaak Hurkens & Nir Vulkan, 2000. "Endogenous Private Information Structures," Econometric Society World Congress 2000 Contributed Papers 0613, Econometric Society.
- Sjaak Hurkens & Nir Vulkan, 2003. "Endogenous Private Information Structures," Working Papers 38, Barcelona Graduate School of Economics.
- Rotheli, Tobias F., 2001. "Acquisition of costly information: an experimental study," Journal of Economic Behavior & Organization, Elsevier, vol. 46(2), pages 193-208, October.
Citations
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Cited by:
- Fehr, Ernst & Fischbacher, Urs & Kosfeld, Michael, 2005.
"Neuroeconomic Foundations of Trust and Social Preferences,"
IZA Discussion Papers
1641, Institute of Labor Economics (IZA).
- Fehr, Ernst & Fischbacher, Urs & Kosfeld, Michael, 2005. "Neuroeconomic Foundation of Trust and Social Preferences," CEPR Discussion Papers 5127, C.E.P.R. Discussion Papers.
- Tania Singer & Ernst Fehr, 2005.
"The Neuroeconomics of Mind Reading and Empathy,"
American Economic Review, American Economic Association, vol. 95(2), pages 340-345, May.
- Singer, Tania & Fehr, Ernst, 2005. "The Neuroeconomics of Mind Reading and Empathy," IZA Discussion Papers 1647, Institute of Labor Economics (IZA).
- Fehr, Ernst & Singer, Tania, 2005. "The Neuroconomics of Mind Reading and Empathy," CEPR Discussion Papers 5128, C.E.P.R. Discussion Papers.
- Armin Falk & Ernst Fehr & Christian Zehnder, "undated".
"The Behavioral Effects of Minimum Wages,"
IEW - Working Papers
247, Institute for Empirical Research in Economics - University of Zurich.
- Falk, Armin & Fehr, Ernst & Zehnder, Christian, 2005. "The Behavioural Effects of Minimum Wages," CEPR Discussion Papers 5115, C.E.P.R. Discussion Papers.
- Falk, Armin & Fehr, Ernst & Zehnder, Christian, 2005. "The Behavioral Effects of Minimum Wages," IZA Discussion Papers 1625, Institute of Labor Economics (IZA).
More about this item
Keywords
Bayes' rule; base-rate neglect; decision making; information acquisition;JEL classification:
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EXP-2005-03-06 (Experimental Economics)
- NEP-MIC-2005-03-06 (Microeconomics)
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