2 citations · 3 across the 5 of their papers we have counts for
7 papers · 1 filter
Monopolistic Data Dumping
Kfir Eliaz, Ran Spiegler
A profit-maximizing monopolist curates a database for users seeking to learn a parameter. There are two user types: "Nowcasters" wish to learn the parameter's current value, while…
News Media as Suppliers of Narratives (and Information)
Kfir Eliaz, Ran Spiegler
We present a model of news media that shape consumer beliefs by providing information (signals about an exogenous state) and narratives (models of what determines outcomes). To amp…
Behavioral Causal Inference
Ran Spiegler
When inferring the causal effect of one variable on another from correlational data, a common practice by professional researchers as well as lay decision makers is to control for…
On the Behavioral Consequences of Reverse Causality
Ran Spiegler
Reverse causality is a common causal misperception that distorts the evaluation of private actions and public policies. This paper explores the implications of this error when a de…
A Simple Model of Monetary Policy under Phillips-Curve Causal Disagreements
Ran Spiegler
I study a static textbook model of monetary policy and relax the conventional assumption that the private sector has rational expectations. Instead, the private sector forms inflat…
Anabolic Persuasion
Kfir Eliaz, Ran Spiegler
We present a model of optimal training of a rational, sluggish agent. A trainer commits to a discrete-time, finite-state Markov process that governs the evolution of training inten…