Showing 1 - 10 of 275
bias for money. In this paper, we compare estimates of present bias for money with estimates for healthy and unhealthy … bias for both money and food, and that individual measures of present bias are moderately correlated across reward types …
Persistent link: https://www.econbiz.de/10012242348
anchoring phenomenon in financial decision-making. We find that contestants anchor heavily on the initial dollar value of a clue … in their wagering decision, even though there exists no rational reason to do so. More than half of all wagers occur … manifests itself among college students. Overall, our findings suggest anchoring plays a substantial role in financial decision …
Persistent link: https://www.econbiz.de/10011526727
dramatic consequences. To test whether the overconfidence bias affects the decision of backcountry skiers to go on a ski trip …Overconfidence is a well-established bias in which someone's subjective confidence in their own judgments is …
Persistent link: https://www.econbiz.de/10010513329
The confirmation bias is a well-known form of motivated reasoning that serves to protect an individual from cognitive …. Because there is often systematic thought involved in generating the confirmation bias, deliberation tends to promote this … behavioral bias. Nevertheless, the importance of negative emotion in triggering the need for this bias is underappreciated. This …
Persistent link: https://www.econbiz.de/10013286207
We examine whether biases identified in the behavioral-economics literature apply in decision-making for others (DMfO …). We conduct a laboratory experiment in which subjects make decision on behalf of themselves and others in eighteen tasks … that measure the following biases: present-bias in time preferences, reflection effect in risk preferences, ambiguity …
Persistent link: https://www.econbiz.de/10011949189
suggesting the confirmation bias may be unlike other decision biases - this bias may thrive when the decision maker is more is …Existing research has documented the confirmation bias in the domain of politics, but relatively little research has … examined the confirmation bias in religion. I developed a novel task in the religious domain and compare confirmation bias …
Persistent link: https://www.econbiz.de/10012213878
When making judgments, individuals often utilize heuristics to interpret information. We report on a series of … experiments designed to test the ways in which incentive mechanisms influence the use of a particular heuristic in decision …
Persistent link: https://www.econbiz.de/10003607729
cities. We dwell into concepts of bounded rationality to describe the cognitive biases and heuristics affecting decision …
Persistent link: https://www.econbiz.de/10011641466
The unprecedented large scale rural-to-urban migration in China has left many rural children living apart from their parents. In this study, we examine the impact of parental migration on the nutritional status of young children in rural areas. We use the interaction terms between wage growth in...
Persistent link: https://www.econbiz.de/10009763248
At the crossroads of economics and human biology, this paper examines the extent to which pre-puberty nutritional conditions in one generation affect productivity-related outcomes in later generations. Recent studies have found a negative association between conditions at ages 8-12 and the...
Persistent link: https://www.econbiz.de/10010252665