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experiences lower. Furthermore, our study is closely linked to the emerging literature of attribution bias in economics and … psychology and provides a scenario in which we can empirically test two leading theories of attribution bias. In our paper, we … restaurants on special occasions. This result can be explained by one theory of attribution bias according to which people have …
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which firms slant their reports toward the prior beliefs of their customers in order to build a reputation for quality. Bias … quality when its reports conform to the consumer's prior expectations. We use this fact to build a model of media bias in … emerges in our model even though it can make all market participants worse off. The model predicts that bias will be less …
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We study a new source of bias in online review platforms that originates from the popularity difference between the … traveling reviewer's hometown and destination (popularity-difference bias). In particular, we model popularity-difference bias …. The net result of these two forces leads to two competing views regarding the nature of popularity-difference bias: the …
Persistent link: https://www.econbiz.de/10012848258
The literature on the energy-efficiency gap discusses the status-quo bias as a behavioral anomaly that potentially … increases a household’s energy consumption. We empirically investigate the extent to which the status-quo bias is linked to … from a large household survey conducted in three European countries, we find that our measure of status-quo bias is a …
Persistent link: https://www.econbiz.de/10014109838
The literature on the energy-efficiency gap discusses the status-quo bias as a behavioral anomaly that potentially … the extent to which the presence of a bias towards the status quo is linked to residential electricity consumption through … from a large household survey conducted in three European countries, we find that our measure of status-quo bias is a …
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Present bias is an important term in behavioral finance that is derived from the concept of self-control. Empirical … research finds that present bias is associated with undesirable spending, borrowing, and saving behavior. Unlike previous … bias and a set of financial behaviors in various domains such as spending, borrowing, saving, and money management. With …
Persistent link: https://www.econbiz.de/10012897991