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This research investigates how memory influences the formation of beliefs and expectations in economic behavior. It aims to understand the role of memory in shaping reference points and how it contributes to biases in decision-making through experimental studies in behavioral economics.
Beliefs and expectations play a major role in economic analysis.
In the proposed research, I seek to advance our empirical understanding of belief and expectation formation processes by incorporating memory patterns.
Intuitively, memory plays a crucial role in the process of belief formation and the evolution of belief distortions, as large parts of the information used when forming beliefs is retrieved from memory.
While recent theoretical work has begun to recognize the important role of memor…
FORSCHUNGSINSTITUT ZUR ZUKUNFT DERARBEIT GMBH
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