Why do people place lower weight on advice far from their own initial opinion?

DOI10.1016/J.ECONLET.2011.03.032zbMATH Open1217.91044OpenAlexW1969788039MaRDI QIDQ553880FDOQ553880

Authors: Francesco Ravazzolo, Øistein Røisland 

Publication date: 28 July 2011

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2011.03.032

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zbMATH Keywords

uncertaintydistance effectpolicy decision-makingsignal-extraction

Mathematics Subject Classification ID

Decision theory (91B06)

Cites Work

• Bayesian inference in dynamic econometric models. With a foreword by Jacques J. Drèze

Cited In (3)

• On the informational content of advice: a theoretical and experimental study
• How bad is forming your own opinion?
• Decline, adopt or compromise? A dual hurdle model for advice utilization

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