Search results for "Rationalität"
showing 2 items of 2 documents
Instrumental calculation, cognitive role-playing, or both?: self-perceptions of Seconded National Experts in the European Commission
2011
This is the authors’ final, accepted and refereed manuscript to the article Most work studying micro-processes of integration – i.e. how agents develop identities and decision-making behaviours within a particular institution – offers explanations based on either instrumental rationality or socialisation. This article proposes a two-dimensional framework that allows analysing under which conditions both logics of social action co-exist. Our empirical analysis employs a unique dataset from a 2011 survey of all 1098 currently active Seconded National Experts (SNEs) in the European Commission. We find that a) instrumental cost-benefit calculation and cognitive role-playing (as semi-reflexive s…
Imperfect information and consumer inflation expectations:evidence from microdata
2017
This paper explores which factors trigger an adjustment in consumers’ inflation expectations and looks at the implications regarding forecast errors. We find support for imperfect information models, as inflation volatility and news trigger an adjustment in expectations. Furthermore, we document that individual expectations become more accurate if they have been adjusted.