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Behavioral biases and cognitive reflection

In a large-scale laboratory experiment, we investigate whether subjects' scores on the cognitive reflection test (CRT) are related to their susceptibility to the base rate fallacy, the conservatism bias, overconfidence, and the endowment effect.
Year of publication:
2011
Authors: Hoppe, Eva I. ; Kusterer, David J.
Published in:
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 110.2011, 2, p. 97-100
Publisher: Elsevier
Keywords: Cognitive reflection test Base rate fallacy Conservatism Overconfidence Endowment effect
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Type of publication: Article
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Persistent link: https://www.econbiz.de/10008867020
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