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Correlation Neglect in Belief Formation

Correlation Neglect in Belief Formation

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1093_restud_rdx081

Correlation Neglect in Belief Formation

About this item

Full title

Correlation Neglect in Belief Formation

Publisher

Oxford University Press

Journal title

The Review of economic studies, 2019-01, Vol.86 (1 (306)), p.313-332

Language

English

Formats

Publication information

Publisher

Oxford University Press

More information

Scope and Contents

Contents

Many information structures generate correlated rather than mutually independent signals, the news media being a prime example. This article provides experimental evidence that many people neglect the resulting double-counting problem in the updating process. In consequence, beliefs are too sensitive to the ubiquitous “telling and re-telling of sto...

Alternative Titles

Full title

Correlation Neglect in Belief Formation

Authors, Artists and Contributors

Identifiers

Primary Identifiers

Record Identifier

TN_cdi_crossref_primary_10_1093_restud_rdx081

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1093_restud_rdx081

Other Identifiers

ISSN

0034-6527

E-ISSN

1467-937X

DOI

10.1093/restud/rdx081

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