follow cognition psychology in its finding that individuals sometimes stick with intuitive but false propositions. We also …

follow cognition psychology in its finding that individuals sometimes stick with intuitive but false propositions. We also …

or "wishful thinking". However, there is little direct causal evidence for this effect. In our experiment, participants …

, we show that regret aversion (unobservable bias) significantly reduces extremeness aversion (observable bias) and … mediates the influence of cognitive regulatory focus (unobservable bias). …

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 …

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 …

simple theoretical framework and an experiment to show that enhanced cognitive abilities may lead to better policy choices …

simple theoretical framework and an experiment to show that enhanced cognitive abilities may lead to better policy choices …