consumer electronics, and club memberships. We demonstrate that consumption is affected by contract structure (pay-peruse vs …. We also measure subjects’ willingness to pay for a contract with free access units, and we find that nearly half of … strategy is therefore to offer a contract that presells access units at a very small discount; this strategy increases revenue …

Exponential-growth bias (EGB) is the tendency for individuals to partially neglect compounding of exponential growth … substantial bias, with approximately one-third of subjects estimated as the fully-biased type. The magnitude of the bias is …

The ratio bias - according to which individuals prefer to bet on probabilities expressed as a ratio of large numbers to … researchers especially in health economics emphasizing the policy importance of the phenomenon. Although the bias has been … replicated several times, some doubts remain about its economic significance. Our two experiments show that the bias disappears …

finance, it is usually modeled as a direct consequence of misperceiving signal reliability. This bias is typically dubbed … on the well-established "miscalibration" bias. We find no gender differences in overconfidence for our measures except … bias …

than they reward those of positive ones. In this paper we extend this explanation of the praise-blame bias by arguing that … ; externalities ; punishment ; praise ; moral bias …