Similar Search Results

Are behavioral biases stable across markets and prevalent across individuals? : evidence from individual betting choices

Andrikogiannopoulou, Angie; Papakonstantinou, Filippos - 2014

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...

Persistent link: https://www.econbiz.de/10010338735

Biased randomization of classical heuristics

Juan, Angel A.; Cáceres-Cruz, José; … - 2014

Persistent link: https://www.econbiz.de/10010366376

Overconfidence bias and conjunction fallacy in predicting outcomes of football matches

Erceg, Nikola; Galić, Zvonimir - In: Journal of economic psychology : research in economic … 42 (2014), pp. 52-62

Persistent link: https://www.econbiz.de/10010428829

Why votes have value : instrumental voting with overconfidence and overestimation of others' errors

Dittmann, Ingolf; Kübler, Dorothea; Maug, Ernst; … - In: Games and economic behavior 84 (2014), pp. 17-38

Persistent link: https://www.econbiz.de/10010481247

Behavioral biases and the representative agent

Jouini, Elyès; Napp, Clotilde - In: Theory and decision : an international journal for … 73 (2012) 1, pp. 97-123

Persistent link: https://www.econbiz.de/10009614000

Is there a harmful selcetion bias when experimenters choose their experiments

Bolle, Friedel; Kaehler, Jessica - 2003

Persistent link: https://www.econbiz.de/10001787884

Action bias and environmental decisions

Patt, Anthony G.; Zeckhauser, Richard - In: Journal of risk and uncertainty : JRU 21 (2000) 1, pp. 45-72

Persistent link: https://www.econbiz.de/10001531563

Shrinking Against Sentiment : Exploiting Behavioral Biases in Portfolio Optimization

Martin-Utrera, Alberto - 2020

High sentiment predicts low market returns and high arbitrage returns. This empirical evidence has important implications for portfolio optimization. Exploiting the eigenvalue-decomposition of the mean-variance portfolio, I show that its performance is the sum of two components: a market...

Persistent link: https://www.econbiz.de/10012839917

Toward a Behavioral Theory of Real Options : Noisy Signals, Bias, and Learning

Posen, Hart E. - 2020

We develop a behavioral theory of real options that relaxes the informational and behavioral assumptions underlying … applications of financial options theory to real assets. To do so, we augment real option theory's focus on uncertain future asset … values (prospective uncertainty) with feedback learning theory that considers uncertain current asset values (contemporaneous …

Persistent link: https://www.econbiz.de/10012856401

Testing Theories of Gambler’s Fallacy and Hot-hand Fallacy : Probability Bias vs. Randomized Choice

Li, King King - 2019

experimentally test three competing theories of GF and HHF: probability bias, randomized choice, and bounded rationality. We find … the classical method suggests about 51% (48%). We show that probability bias, randomized choice, and bounded rationality …

Persistent link: https://www.econbiz.de/10012859406