1. Discussion und Working Paper // forthcoming

    Endogenous worst-case beliefs in first-price auctions

  2. Discussion und Working Paper // 2025

    Understanding Overplacement in Risk Perception: Implications for Financial Resilience

    This policy brief examines overplacement in households’ risk perceptions: overplacement describes the tendency of individuals to underestimate their likelihood of experiencing certain negative financial shocks…

  3. Discussion und Working Paper // 2024

    Self-assessed Savings Adequacy Before and After the COVID-19 Pandemic

    Among the consequences of the COVID-19 pandemic were disruptions to household finances.U.S. households were buffeted by many negative shocks, such as inflation, unemployment, investment or business losses, or…

  4. Discussion und Working Paper // 2024

    Households' risk perceptions, overplacement, and financial literacy

    Household financial resilience is related to the availability of financial resources but also to the ability to anticipate and assess future situations and prepare for them accordingly. Overplacement describes…

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Leili Erfanian

Leili Erfanian

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