This paper examines point and density forecasts from the European Central Bank’s Survey of Professional Forecasters. We derive individual uncertainty measures along with individual pointand density-based measures of disagreement. We also explore the relationship between uncertainty and disagreement, as well as their roles in respondents’ forecast performance and forecast revisions. We observe s...

The aim of the current study was to explore the integration processes of gender and number morphological features, since it has been proposed that grammatical gender and number features might be associated with different strength with the word stem in lexical representation. Event related potentials (ERPs) were recorded using a 128-channel sensor net while twenty-four volunteers read Spanish wo...

Consider the phenomenon of belief polarization. Suppose that two individuals—let’s call them ‘You’ and ‘I’--disagree about some non-straightforward matter of fact: say, about whether capital punishment tends to have a deterrent effect on the commission of murder. Although neither of us is certain of his or her view, I believe that capital punishment is a deterrent while You believe that it is n...

We study a bilateral trading relationship in which one agent, the seller, can make a non–recoverable investment in order to generate potential gains from trade. Afterwards, the seller makes a price offer that the buyer can either accept or reject. Economic theory predicts that if agents are selfish, neither the level of investment cost nor the buyer’s information about costs should affect the o...