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. …

that measure the following biases: present-bias in time preferences, reflection effect in risk preferences, ambiguity … aversion, decoy effect, anchoring bias, endowment effect, and identifiable-victim bias. In our experiment, DMfO is DMfO …) willingness to pay is higher in DMfO than in decisions for oneself in tasks associated with the anchoring bias, endowment effect …