misperceptions of probability drive the favorite-longshot bias, as suggested by Prospect Theory …The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates …

. We focus on regret theory and the use of "regret lotteries" for motivating behavior change. Here, findings from one … theory and experiments, we replicate regret lotteries as the superior one-shot incentive; however, for repeated decisions the …

application of adult women's decisions to undertake mammography to evaluate the importance of present bias and naivety in the … under-utilization of this preventive health care. Our results show evidence for both present bias and naivety …

in resource allocation across research paths, challenging common intuitions about diversification. These insights have …

students' demographic characteristics and previous scores. This paper tests for VAM bias using a procedure that asks whether … model describing the joint distribution of school value-added, bias, and lottery compliance. We use this model to assess the … substantive importance of bias in conventional VAM estimates and to construct hybrid value-added estimates that optimally combine …

trade between the original investigators and other scholars, alleviates the publication bias problem that often surrounds …

.Information provision via R&Rs has no significant effects on staff-child ratios. These findings are generally consistent with search theory …