disadvantages are dispersed over numerous periods. We provide novel experimental evidence for “concentration bias”, the tendency to … days in exchange for a bonus that is concentrated in time: concentration bias increases subjects’ willingness to work by 22 ….4% beyond what standard discounting models could account for. In additional conditions and a complementary experiment involving …

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

. This may lead to exaggerated conservatism in the voting decision (status quo bias). To investigate how complexity affects …

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