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  1. Choosing between causal interpretations
    an experimental study
    Author: Ambuehl, Sandro; Thysen, Heidi
    Published: November 2024
    Publisher:  University of Zurich, Department of Economics, Zurich

    Good decision-making requires understanding the causal impact of our actions. Often, we only have access to correlational data that could stem from multiple causal mechanisms with divergent implications for choice. Our experiments comprehensively... more

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    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 191
    Inter-library loan:
    No inter-library loan

     

    Good decision-making requires understanding the causal impact of our actions. Often, we only have access to correlational data that could stem from multiple causal mechanisms with divergent implications for choice. Our experiments comprehensively characterize choice when subjects face conflicting causal interpretations of such data. Behavior primarily reflects three types: following interpretations that make attractive promises, choosing cautiously, and assessing the fit of interpretations to the data. We characterize properties of interpretations that obscure bad fit to subjects. Preferences for more complex models are more common than those reflecting Occam's razor. Implications extend to the Causal Narratives and Model Persuasion literatures.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/306547
    Series: Working paper series / University of Zurich, Department of Economics ; no. 458
    Subjects: Decision-making; causal mechanisms; causal narratives; model persuasion; causal interpretations
    Scope: 1 Online-Ressource (circa 113 Seiten), Illustrationen
  2. On the output effect of fiscal consolidation plans
    a causal analysis
    Author: Carbonari, Lorenzo; Farcomeni, Alessio; Maurici, Filippo; Trovato, Giovanni
    Published: [2024]
    Publisher:  CEIS Tor Vergata, [Rom]

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    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 665
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: CEIS Tor Vergata research paper series ; vol. 22, issue 3 = no. 578 (May 2024)
    Subjects: fiscal adjustment; economic growth; causal mechanisms; mediation analysis
    Scope: 1 Online-Ressource (circa 53 Seiten), Illustrationen