the return to schooling that is subject to positive omitted variable bias (OVB) and negative measurement error bias (MEB … error increases and/or more family background variables are added, the total bias rapidly becomes negative, driving the … ; consistent estimates of omitted variable bias and measurement error bias …

Human beings’ decision-making processes are generally influenced by two typical cognitive biases: representativeness … heuristic bias and conservatism bias. Previous studies found that the two cognitive biases cause investors to misreact to past …