Showing 1 - 10 of 11,787
People often forget and sometimes fantasize. This paper reports a large-scale experiment on memory errors and their … present bias, but this is not the case for positive amnesia. In an intra-person, multiple-self model, we demonstrate that …
Persistent link: https://www.econbiz.de/10013216068
's presence. Monetary incentives reduce the average bias to one-third of its original value. Additionally, the average anchor bias … abilities are on average less biased toward the anchor when task complexity is high. The anchoring bias in our repeated game is …
Persistent link: https://www.econbiz.de/10009777356
reduced selected cognitive biases by 30 %. In this work I report results of an experiment which investigated the debiasing … effects of training on confirmation bias. The debiasing training took the form of a short video which contained information … about confirmation bias, its impact on judgement, and mitigation strategies. The results show that participants exhibited …
Persistent link: https://www.econbiz.de/10012149989
everybody else or another "unspeci fied" individual is doing, they exhibit a consensus bias (believing that others are similar … shows that not accounting for the biases will typically bias estimates of game-theoretic thinking upwards. …
Persistent link: https://www.econbiz.de/10012308290
psychological channels underlying such a bias is scarce. We present a laboratory experiment designed to investigate the sunk cost …Evidence from hypothetical scenarios strongly suggests the existence of a sunk cost bias, the tendency to ‘throw good … bias and to test some prominent psychological mechanisms. Inspired by the hypothetical scenarios, we use a two …
Persistent link: https://www.econbiz.de/10012299784
degree of bias due to selection neglect increases when other decision makers become more informed, or become more rational …
Persistent link: https://www.econbiz.de/10011982107
We explore whether behavioral biases impede the effective processing and interpretation of soft information in private lending. Taking advantage of the internal reporting system of a large federal credit union, we delineate three important biases likely to affect the lending process: (1) limited...
Persistent link: https://www.econbiz.de/10011931483
Persistent link: https://www.econbiz.de/10015078774
about ability, people who care about and who are risk averse over their perception of their own ability will choose tasks …
Persistent link: https://www.econbiz.de/10013158056
about ability, people who care about and who are risk averse over their perception of their own ability will choose tasks …
Persistent link: https://www.econbiz.de/10003872716