degree of bias due to selection neglect increases when other decision makers become more informed, or become more rational …

fims cannot offer long-term contracts, we find that individuals who are naive about their present bias will actually be … ineffciencies caused by their present bias. …

firms cannot offer long-term contracts, we find that individuals who are naive about their present bias will actually be … inefficiencies caused by their present bias. …

test two main hypotheses: (i) whether for items not perfectly observable, individuals suffer of some type of bias in these … beliefs; (ii) whether this bias would disappear for weight and height, when the information is perfectly available. We find a … powerful and ubiquitous bias in perceptions that is "self-centered" in the sense that those at extremes tend to perceive …