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Expectations with Endogenous Information Acquisition: An Experimental Investigation

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NBER2018-07-01 更新2025-01-04 收录
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Information frictions play an important role in many theories of expectation formation. We use a survey experiment to generate direct evidence on how people select, acquire and process information. Participants can buy different information signals that could help them forecast future national home

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2018-07-01
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