Abstract
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.
Original language | English |
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Pages (from-to) | 96-99 |
Number of pages | 4 |
Journal | Economics Letters |
Volume | 152 |
DOIs | |
State | Published - 01 Mar 2017 |
Keywords
- Bayes’ rule
- Belief updating
- Optimism
- Wishful thinking