a consequence of bias, the more distant one falls from the tree of the 'standard model citizen', the less one feels … decision-making …

.g. gender, race, sugar) have a stronger effect when the attribute is mixed with others, and so the decision becomes less …

decision-making processes. Although heuristics tend to be very helpful, in many cases, they can lead to cognitive biases. This … do so, the study reviews different decision models in engineering design and consolidates them into one; here, called ABC … decision model - ABC stands for Allaying Biased Choices. This model consists of four phases describing four different decision …

problem, or cognitive bias, which may be the result of erroneous heuristics. Furthermore, the author found that investor … can be understood as a state of ignorance of the decision maker, as a variance of possible outcomes, as a danger of … negative deviation or as a danger of wrong decision. The perception of risk can be divided to "Risk capacity" - ability to take …

-generation process, the least-squares estimators have smaller bias (in fact zero bias) but larger variances in the long regression than … in the short regression. But if the long regression is also misspecified, the bias may not be smaller. We provide bias …