Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5057701 | Economics Letters | 2017 | 4 Pages |
Abstract
â¢Biased overweighting of good news relative to bad news is tested in the lab.â¢News are related to financially desirable but ego-irrelevant events.â¢No evidence of asymmetric updating in favor of good or bad news is found.
I study, in an experimental setting, how individuals process news regarding the likelihood of an event that is desirable, but not ego-relevant. I hypothesize that individuals biasedly favor good news over bad news, but find no support for this hypothesis.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Alexander Gotthard-Real,