. The observed bias in expectations is irrespective to risk preferences and fairly robust to feedback. It is consistent with … a behavioral model in which geometric growth is confused with linear growth. The bias is a possible explanation of …

everybody else or another "unspeci fied" individual is doing, they exhibit a consensus bias (believing that others are similar … shows that not accounting for the biases will typically bias estimates of game-theoretic thinking upwards. …

Evidence from hypothetical scenarios strongly suggests the existence of a sunk cost bias, the tendency to ‘throw good … psychological channels underlying such a bias is scarce. We present a laboratory experiment designed to investigate the sunk cost … bias and to test some prominent psychological mechanisms. Inspired by the hypothetical scenarios, we use a two …

creating the pre-tax income distribution. Causal attribution, however, is a process both complicated and subject to bias. I … preferences defined solely over outcomes and also with a general bias toward inaction. Subjects care independently, but … conditionally, about the effects of their own actions and demonstrate a bias toward inaction only when it is in their self-interest …

uncertainty). This enables us to incorporate behavioral bias in the feedback learning process underlying the option execution …

degree of bias due to selection neglect increases when other decision makers become more informed, or become more rational …

Do behavioral biases a affect prices in a high-stake market? We study the role of left digit bias in the purchase of an … apartment, one of the most important assets in a household's portfolio. Left-digit bias is the inability to fully process digits …