test two main hypotheses: (i) whether for items not perfectly observable, individuals suffer of some type of bias in these … beliefs; (ii) whether this bias would disappear for weight and height, when the information is perfectly available. We find a … powerful and ubiquitous bias in perceptions that is "self-centered" in the sense that those at extremes tend to perceive …

We provide empirical evidence that the optimism bias increases with the forecasting horizon. We label this empirical … regularity the horizon bias. In the US and abroad, professional forecasters demonstrate significant horizon bias in their … macroeconomic expectations. Our results show a horizon bias which cannot be easily explained by strategic considerations …

empirical joint distribution of liquid assets and income. Second, the bias alters the distribution of marginal propensities to …

. However, this result appears to be biased due to peso problems. -- Oil price ; survey data ; forecast bias ; peso problem …

test two main hypotheses: (i) whether for items not perfectly observable, individuals suffer of some type of bias in these … beliefs; (ii) whether this bias would disappear for weight and height, when the information is perfectly available. We find a … powerful and ubiquitous bias in perceptions that is "self-centered" in the sense that those at extremes tend to perceive …