Enke, Benjamin; Genîzî, Ûrî; Hall, Brian J.; … - 2020
Despite decades of research on heuristics and biases, empirical evidence on the effect of large incentives – as present … in relevant economic decisions – on cognitive biases is scant. This paper tests the effect of incentives on four widely … documented biases: base rate neglect, anchoring, failure of contingent thinking, and intuitive reasoning in the Cognitive …