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Persistent link: https://www.econbiz.de/10008771321
A corollary to Murphy's Law is: The other lane always moves faster than my lane. We show that even when the law is objectively untrue, because of sampling bias, people perceive the law as true. A manager who is aware of this perceptual bias will try to structure her budget cutbacks and all other...
Persistent link: https://www.econbiz.de/10012709767