We ran a field experiment to investigate whether nudge policies, consisting in behavioural insight messaging, help to … improve performance in financial trading. Our experiment involved students enrolled in a financial trading course in an …

A long-standing puzzle is how overconfidence can persist in settings characterized by repeated feedback. This paper …

deviations of portfolio concentrations in domestic relative to foreign risky assets, or "home bias", from what standard finance … models predict. Our model ascribes the "bias" to endogenous information acquisition bolstered by investors' human capital. We … understanding the global financial crisis of 2007-09. -- private information ; human capital ; home bias ; financial markets ; risky …

value of overconfidence). We present first empirical evidence on the existence of a motivation value of absolute … overconfidence that many microeconomic models build on. Moreover, we document that debiasing information increases the accuracy of … offer a novel strategy for identifying significant overconfidence at the individual level. …

improved the welfare of behavioral agents. We advance the notion of counter-biasing by demonstrating that one bias (present … bias) can be pit against another (choking at high stakes) to counteract the ill effects of the second. Our results …

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 … "gun control" and the "existence of God". Results documented a confirmation bias in both information exposure and perceived …

aversion, decoy effect, anchoring bias, endowment effect, and identifiable-victim bias. In our experiment, DMfO is 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 …

We design an experiment to test the hypothesis that, in violation of Bayes Rule, some people respond more forcefully to … information, and control for risk attitude. We find that the strength-weight bias affects expectations, but that its magnitude is … significantly lower than originally reported. Controls for non-linear utility further reduce the bias. Our results suggest that …

fallacy, conservatism in updating probabilities, and overconfidence. Test scores are also significantly related to subjects …