Forecasted economic change and the self-fulfilling prophecy in economic decision-making.

This study addresses the self-fulfilling prophecy effect, in the domain of economic decision-making. We present experimental data in support of the hypothesis that speculative forecasts of economic change can impact individuals' economic decision behavior, prior to any realized changes. In a wi...

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Bibliographic Details
Main Authors: Diamantis Petropoulos Petalas, Hein van Schie, Paul Hendriks Vettehen
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2017-01-01
Series:PLoS ONE
Online Access:http://europepmc.org/articles/PMC5363911?pdf=render