Hans C. Blomqvist's research while affiliated with Helsinki School of Economics and other places

Publications (6)

Article
The purpose of this article is to test for the ‘rationality’ of a time series of expected values of a variable the actual values of which were created by a simple autoregressive (exponential) process. The data was obtained by means of a small scale experiment using economists as respondents. We are also interested in the possible learning processes...
Article
The purpose of this article was to explore the relation between uncertainty and predictive accuracy using data from a survey of inflationary expectations. Uncertainty was proxied alternatively by an interval estimate of expected inflation and a dummy variable capturing the respondents' perceived uncertainty. The relation between the former proxy an...
Article
Conclusions There is still much work to be done on the issues of nonuniform and uncertain price expectations. In the present paper we have attempted to give an overview of the reasons for, and possible consequences of, the existence of these phenomena. Now there seem to be reasons for deepening particularly the empirical knowledge on the formation...
Article
The results of a survey of inflationary expectations executed in 1979–1980 are reported. The respondents form one “informed” and one “uninformed” group. The purpose of the study are: (1) to test standard hypotheses on the formation of inflationary expectations, (2) to study the term structure of those expectations, (3) to study their dispersion amo...

Citations

... Starbuck proposed that Mezias search for more recent studies. After searching several on-line databases, Mezias found only a few studies of college students (e.g., Blomqvist, 1988), but students would probably differ significantly from experienced managers. He found no studies that both obtained data from managers and compared managers' perceptions with 'objective' measures. ...
... Csakhogy a kutatók -például Alt (1979), vagy Bates és Gabor (1986) -rávilágítottak arra, hogy az emberek sokszor hajlamosak jelentősen túlbecsülni az inflációt. A torzítás nagysága országonként eltérhet, Jonung (1981) és Blomqvist (1983) kísérleteiben a svédek és a finnek 1977-es inflációra vonatkozó becsléseinek átlaga alig tért el a hivatalos inflációtól. Ebben az időszakban kapcsolták a teleszkóp-hatást (az emberek a távolabbi múltban történt eseményekről azt képzelik, hogy kevésbé régen történtek, mint valójában) az érzékelt inflációhoz (Bates-Gabor 1986:299), és felfigyeltek arra, hogy eltérés van az érzékelt inflációban a nemek, jövedelmi rétegek és korcsoportok között (Jonung 1981). ...
... For example, consumers who hold the opinion that their choices could considerably influence either environmental or social aspects are more likely to employ a more sustainable behaviour (Antonetti & Maklan, 2014). While specific behaviours are seen to be influenced by beliefs and norms that are affected by existing values stemming from knowledge and information on food supply chain components, there is also evidence that individuals do not always process information with rationality (Blomqvist, 1989). Consumers' difficulty to make informed choices stems mainly from the general sense of unreliability concerning the labelling content and also their weakness to correctly interpret information (Caswell & Mojduszka, 1996). ...