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Naïve advice when half a million is at stake

Article ID Journal Published Year Pages File Type
5062099 Economics Letters 2008 7 Pages PDF
Abstract

In the television show Affari Tuoi contestants face decision problems with large monetary payoffs and have an opportunity to seek advice from the audience. It appears that this advice does not have a significant impact on the decisions of contestants.

Keywords
D81C93Natural experimentDecision makingAdvice
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Naïve advice when half a million is at stake
Authors
Ganna Pogrebna,
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Journal
Economics Letters
Journal: Economics Letters
Related Categories
D81
C93
Natural experiment
Decision making
Advice
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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