We perform an incentivized experiment designed to assess the accuracy of beliefs about characteristics and decisions … test two main hypotheses: (i) whether for items not perfectly observable, individuals suffer of some type of bias in these … beliefs; (ii) whether this bias would disappear for weight and height, when the information is perfectly available. We find a …

concrete empirical evidence to examine this critical issue. Using an online randomized controlled experiment involving 2425 … economists in 19 countries, we examine the effect of ideological bias on views among economists. Participants were asked to …, research area, and undergraduate major, with patterns consistent with the existence of ideological bias. …

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

We report an experiment that infers true overconfidence in relative ability through actions, as opposed to reported …

endogeneity and attrition/non-response bias, using two instrumental variables. Making use of a discrete instrument for the … as the total population and suggest non- and semiparametric estimators. We apply the latter to a randomized experiment at …

field experiment in the market for computer repairs. We find that revealing a second opinion from another expert to the …. In theory, poorly informed consumers can protect themselves from maltreatment through sellers by asking for second … conditions gathering a second opinion can be valuable. …

Exponential growth bias (EGB) is the pervasive tendency of people to perceive a growth process as linear when, in fact … positive cases in the future. The bias is positively correlated with optimistic expectations about the future macroeconomic … evaluate them through a randomized experiment. In the first treatment (Step), participants make predictions in several short …