Danz, David; Hüber, Frank; Kübler, Dorothea; … - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2013
With the help of a simple model, we show that the hindsight bias can lead to ineffcient delegation decisions. This … been realized. This served as a measure of the hindsight bias for each participant. The participants also had to make …