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We address the question as to whether judgmental overconfidence, as assessed by probability miscalibration, is related to positive illusions about the self. We first demonstrate that judgmental overconfidence measured with interval production procedures can be considered a trait, due to...
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Bonus-malus taxes appear to have been successful in encouraging people to change to less polluting travel options in France (e.g. the tax on large and small engined cars). We hypothesize that they have three possible effects on consumer behaviour. The positive effects are: (1) a price effect...
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Testing whether risk professionals (here insurers) behave differently under risk and ambiguity when they cover catastrophic risks (floods and earthquakes) and non-catastrophic risks (fires), this paper reports the results of the first field experiment in the United States designed to distinguish...
Persistent link: https://www.econbiz.de/10008602582
The aim of this paper is to illustrate the contribution that taking a psychological perspective can bring to the study of decision-making in economics. The article pursues the idea that it can be useful to combine a psychological analysis of judgment and decision-making with an economic analysis...
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