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We experimentally investigate the memory recall bias of overconfident (underconfident) individuals after receiving feedback on their overconfidence (underconfidence). Our study differs from the literature by identifying the recall pattern conditional on subjects' overconfidence/underconfidence....
Persistent link: https://www.econbiz.de/10013252749
measured in the 11–20 game is biased by risk aversion. Based on a lab experiment, we confirm this hypothesis empirically. …
Persistent link: https://www.econbiz.de/10011891065