We examine the additivity of expectations over different time intervals. For example, when asked about 10-year stock price growth, survey respondents report an expected change that is not equal to, but closer to zero than, the sum of their expectations over two shorter time intervals that cover the same 10 years. Such subadditivity, which we also find in expectations for other economic variables, is ...
Gender inequality remains a pressing issue in our society. Women are underrepresented in many decision-making positions and the gender pay gap remains at 16%. Whether or how language contributes to forming and transporting gender stereotypes has sparked intense scientific and public debate. In German, masculine role nouns are still often used in a generic sense to address people of unknown gender ...