Salience

P Bordalo, N Gennaioli, A Shleifer - Annual Review of …, 2022 - annualreviews.org
We review the fast-growing work on salience and economic behavior. Psychological
research shows that salient stimuli attract human attention bottom up due to their high …

Bad beliefs: Why they happen to good people

N Levy - 2021 - library.oapen.org
Why do people come to reject climate science or the safety and efficacy of vaccines, in
defiance of the scientific consensus? A popular view explains bad beliefs like these as …

Impact of Russian-Ukraine war on clean energy, conventional energy, and metal markets: Evidence from event study approach

M Umar, Y Riaz, I Yousaf - Resources Policy, 2022 - Elsevier
This article explores the impact of the Russian-Ukraine war on the metals, conventional
energy, and renewable energy markets, by using an event research technique. The data …

Shifting attention to accuracy can reduce misinformation online

G Pennycook, Z Epstein, M Mosleh, AA Arechar… - Nature, 2021 - nature.com
In recent years, there has been a great deal of concern about the proliferation of false and
misleading news on social media,,–. Academics and practitioners alike have asked why …

The political economy of populism

S Guriev, E Papaioannou - Journal of Economic Literature, 2022 - aeaweb.org
We synthesize the literature on the recent rise of populism. First, we discuss definitions and
present descriptive evidence on the recent increase in support for populists. Second, we …

Do investors value sustainability? A natural experiment examining ranking and fund flows

SM Hartzmark, AB Sussman - The Journal of Finance, 2019 - Wiley Online Library
Examining a shock to the salience of the sustainability of the US mutual fund market, we
present causal evidence that investors marketwide value sustainability: being categorized …

Decisions under risk are decisions under complexity

R Oprea - American Economic Review, 2024 - aeaweb.org
We provide evidence that classic lottery anomalies like probability weighting and loss
aversion are not special phenomena of risk. They also arise (and often with equal strength) …

Behavioral inattention

X Gabaix - Handbook of behavioral economics: Applications and …, 2019 - Elsevier
Inattention is a central, unifying theme for much of behavioral economics. It permeates such
disparate fields as microeconomics, macroeconomics, finance, public economics, and …

Human decisions and machine predictions

J Kleinberg, H Lakkaraju, J Leskovec… - The quarterly journal …, 2018 - academic.oup.com
Can machine learning improve human decision making? Bail decisions provide a good test
case. Millions of times each year, judges make jail-or-release decisions that hinge on a …

Do fund managers misestimate climatic disaster risk

S Alok, N Kumar, R Wermers - The Review of Financial Studies, 2020 - academic.oup.com
We examine whether professional money managers overreact to large climatic disasters.
We find that managers within a major disaster region underweight disaster zone stocks to a …