On the informational content of advice: a theoretical and experimental study
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DOI: 10.1007/s00199-005-0037-7
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- Yaw Nyarko & Andrew Schotter, 2002. "An Experimental Study of Belief Learning Using Elicited Beliefs," Econometrica, Econometric Society, vol. 70(3), pages 971-1005, May.
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Cited by:
- Arieli, Itai & Babichenko, Yakov & Müller, Stephan & Pourbabaee, Farzad & Tamuz, Omer, 2025. "The hazards and benefits of condescension in social learning," Theoretical Economics, Econometric Society, vol. 20(1), January.
- Ding, Tingting & Schotter, Andrew, 2017. "Matching and chatting: An experimental study of the impact of network communication on school-matching mechanisms," Games and Economic Behavior, Elsevier, vol. 103(C), pages 94-115.
- Rudiger, Jesper, 2013. "Using Other People's Opinions: An Experimental Study," MPRA Paper 51787, University Library of Munich, Germany.
- Leuermann, Andrea & Roth, Benjamin, 2012. "Does good advice come cheap? - On the assessment of risk preferences in the lab and the field," Working Papers 0534, University of Heidelberg, Department of Economics.
- Bogaçhan Çelen & Sen Geng & Huihui Li, 2018.
"Belief Error and Non-Bayesian Social Learning: An Experimental Evidence,"
GRU Working Paper Series
GRU_2018_022, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
- Bou{g}ac{c}han c{C}elen & Sen Geng & Huihui Li, 2020. "Belief Error and Non-Bayesian Social Learning: Experimental Evidence," Papers 2011.09640, arXiv.org.
- Boğaçhan Çelen & Sen Geng & Huihui Li, 2019. "Belief Error and Non-Bayesian Social Learning: Experimental Evidence," Working Papers 2019-07-08, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University.
- Pogrebna, Ganna, 2008. "Naive advice when half a million is at stake," Economics Letters, Elsevier, vol. 98(2), pages 148-154, February.
- Sapulete, Saraï & van Witteloostuijn, Arjen & Kaufmann, Wesley, 2014. "An experimental study into the influence of works council advice on managerial decision-making," Scandinavian Journal of Management, Elsevier, vol. 30(3), pages 358-371.
- Boðaçhan Çelen & Shachar Kariv & Andrew Schotter, 2005. "Words Speak Louder than Actions and Improve Welfare: An Experimental Test of Advice and Social Learning," Levine's Bibliography 784828000000000250, UCLA Department of Economics.
- Barry Sopher & Revan Sopher, 2013. "An Experiment on Partnership Protocols for Bilateral Trade with Incomplete Information," Departmental Working Papers 201304, Rutgers University, Department of Economics.
- Bou{g}açhan Çelen & Shachar Kariv & Andrew Schotter, 2010.
"An Experimental Test of Advice and Social Learning,"
Management Science, INFORMS, vol. 56(10), pages 1687-1701, October.
- Boðaçhan Çelen & Shachar Kariv & Andrew Schotter, 2006. "An Experimental Test of Advice and Social Learning," Levine's Bibliography 784828000000000272, UCLA Department of Economics.
- Andrea Leuermann & Benjamin Roth, 2012. "Does Good Advice Come Cheap?: On the Assessment of Risk Preferences in the Lab and in the Field," SOEPpapers on Multidisciplinary Panel Data Research 475, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Sprenger, Julia, 2016. "Explanations or advice: The impact of financial literacy on information acquisition behavior," Ruhr Economic Papers 626, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Boğaçhan Çelen & Erkut Özbay, 2012. "Introduction to a festschrift for Andrew Schotter," Review of Economic Design, Springer;Society for Economic Design, vol. 16(2), pages 89-91, September.
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More about this item
Keywords
Advice; Decision making; Risk aversion; Experiments; D81; G11; C91;All these keywords.
JEL classification:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
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