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The confirmation bias, unlike other decision biases, has been shown both empirically and in theory to be enhanced with … this bias. We aimed to test this hypothesis using a validated confirmation bias task in conjunction with a protocol that … confirmation bias would be stronger for WR participants and those higher in cognitive reflection on a sample of 197 young adults …
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We propose a broadly applicable empirical approach to classify individuals as timeconsistent versus na¨ıve or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that self-control problems are pervasive and that...
Persistent link: https://www.econbiz.de/10012590741
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The purpose of this paper is to empirically test the association of behavioral biases like overconfidence bias and self …-attribution bias, and information acquisition with individual investors decisions. This study also extends its contributions in … biases (overconfidence bias and self-attribution bias) distort the rationality of individual investors’ decision, and …
Persistent link: https://www.econbiz.de/10012599903
We propose a broadly applicable empirical approach to classify individuals as time-consistent versus naïve or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that self-control problems are pervasive and that...
Persistent link: https://www.econbiz.de/10012600894
We propose a broadly applicable empirical approach to classify individuals as time-consistent versus native or sophisticated regarding their self-control limitations. Operationalizing our approach based on nationally representative data reveals that self-control problems are pervasive and that...
Persistent link: https://www.econbiz.de/10012605002
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