Title of article
Nominal increases and the perception of likelihood
Author/Authors
Wei-Kang Wong، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2007
Pages
5
From page
433
To page
437
Abstract
Using surveys, this paper shows that a nominal increase in likelihood has a relatively small effect on individualʹs own perception of likelihood, but a large and robust effect on beliefs about the perception of likelihood by others. These beliefs are consistent with actual choices.
Keywords
Nominal increases , Beliefs , Perception of likelihood , counterfactual thought
Journal title
Economics Letters
Serial Year
2007
Journal title
Economics Letters
Record number
436249
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