The number of successful cyberattacks against small and medium-sized enterprises (SMEs) is increasing steadily, while various studies already showed that especially SMEs often lack an appropriate awareness concerning their own cyber risk exposure. Therefore, the aim of this paper is to analyze...

Identifiability of the parameters is an important precondition for consistent estimation of models designed to describe empirical phenomena. Nevertheless, many estimation exercises proceed without a preliminary investigation into the identifiability of its models. As a consequence, the estimates...

We investigate how the anchoring effect-a well-established cognitive bias-influences the full distribution of subjective beliefs. While prior research extensively examines the impact of anchoring and other biases on point estimates, their effect on higher moments of the distribution remains...