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. …

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 …

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

theory of ecological rationality. The main casualty of this rebuilding process is optimality. Once we view optimality as a …