Benjamin Enke, Florian Zimmermann (Dept. of Economics, Institute for Applied Macroeconomics, Bonn, Germany)
- In markets where individual choice is aggregated based on information, how are the results affected by correlated information?
- Are beliefs distorted by individuals who fail to take into account correlation, and who infer too much from highly correlated information, thus leading to excessive optimism or pessimism?
- Read the research results