Essays in behavioral economics
In this work we conduct an experimental analysis on different behavioral models of economic choice. In particular, we analyze the role of overconfidence in shaping the beliefs of economics agents about the future path of their consumption or investment. We discuss the relevance of this bias in expec...
Main Author: | |
---|---|
Other Authors: | |
Format: | Doctoral Thesis |
Language: | en |
Published: |
Alma Mater Studiorum - Università di Bologna
2011
|
Subjects: | |
Online Access: | http://amsdottorato.unibo.it/4084/ |
id |
ndltd-unibo.it-oai-amsdottorato.cib.unibo.it-4084 |
---|---|
record_format |
oai_dc |
spelling |
ndltd-unibo.it-oai-amsdottorato.cib.unibo.it-40842014-03-24T16:29:38Z Essays in behavioral economics Nardotto, Mattia <1982> SECS-P/06 Economia applicata In this work we conduct an experimental analysis on different behavioral models of economic choice. In particular, we analyze the role of overconfidence in shaping the beliefs of economics agents about the future path of their consumption or investment. We discuss the relevance of this bias in expectation formation both from a static and from a dynamic point of view and we analyze the effect of possible interventions aimed to achieve some policy goals. The methodology we follow is both theoretical and empirical. In particular, we make large use of controlled economic field experiments in order to test the predictions of the theoretical models we propose. In the second part of the thesis we discuss the role of cognition and personality in affecting economic preferences and choices. In this way we make a bridge between established psychological research and novel findings in economics. Finally, we conduct a field study on the role of incentives on education. We design different incentive schemes and we test, on randomized groups of students, their effectiveness in improving academic performance. Alma Mater Studiorum - Università di Bologna Calzolari, Giacomo 2011-06-27 Doctoral Thesis PeerReviewed application/pdf en http://amsdottorato.unibo.it/4084/ info:eu-repo/semantics/openAccess |
collection |
NDLTD |
language |
en |
format |
Doctoral Thesis |
sources |
NDLTD |
topic |
SECS-P/06 Economia applicata |
spellingShingle |
SECS-P/06 Economia applicata Nardotto, Mattia <1982> Essays in behavioral economics |
description |
In this work we conduct an experimental analysis on different behavioral models of economic choice. In particular, we analyze the role of overconfidence in shaping the beliefs of economics agents about the future path of their consumption or investment. We discuss the relevance of this bias in expectation formation both from a static and from a dynamic point of view and we analyze the effect of possible interventions aimed to achieve some policy goals. The methodology we follow is both theoretical and empirical. In particular, we make large use of controlled economic field experiments in order to test the predictions of the theoretical models we propose. In the second part of the thesis we discuss the role of cognition and personality in affecting economic preferences and choices. In this way we make a bridge between established psychological research and novel findings in economics. Finally, we conduct a field study on the role of incentives on education. We design different incentive schemes and we test, on randomized groups of students, their effectiveness in improving academic performance. |
author2 |
Calzolari, Giacomo |
author_facet |
Calzolari, Giacomo Nardotto, Mattia <1982> |
author |
Nardotto, Mattia <1982> |
author_sort |
Nardotto, Mattia <1982> |
title |
Essays in behavioral economics |
title_short |
Essays in behavioral economics |
title_full |
Essays in behavioral economics |
title_fullStr |
Essays in behavioral economics |
title_full_unstemmed |
Essays in behavioral economics |
title_sort |
essays in behavioral economics |
publisher |
Alma Mater Studiorum - Università di Bologna |
publishDate |
2011 |
url |
http://amsdottorato.unibo.it/4084/ |
work_keys_str_mv |
AT nardottomattia1982 essaysinbehavioraleconomics |
_version_ |
1716654445250478080 |