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ex post to be more forseeable then they actually were. This so-called Hindsight Bias occurs even within expert, including …. Dieser sogenannte Rückschaufehler bzw. "Hindsight Bias" tritt auf bei Experten, inklusive Richtern, auf. …
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We use novel data on individual activity in a sports betting market to study the effect of past performance sequences on individual behavior in a real market. The revelation of fundamental values in this market enables us to disentangle whether behavior is caused by sentiment or by superior...
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