We examine partisan bias in inflation expectations. Our dataset includes inflation expectations of the New York Fed … based on how partisans respond to changes in the White House's occupant (partisan bias). The results also corroborate the …

Evidence from hypothetical scenarios strongly suggests the existence of a sunk cost bias, the tendency to ‘throw good … psychological channels underlying such a bias is scarce. We present a laboratory experiment designed to investigate the sunk cost … bias and to test some prominent psychological mechanisms. Inspired by the hypothetical scenarios, we use a two …

European countries for more than a decade, we estimate time-varying individual level bias in ‘survival expectations' (BSE) at …

asymptotic linear expansions with nearly optimal rates. Second, we study the higher-order bias of exact quantile estimators up to … O (1/n). Using a novel non-smooth calculus technique, we uncover previously unknown non-negligible bias components that … “symmetric” bias correction, which admits a feasible implementation. Our simulations confirm the empirical importance of bias …