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Persistent link: https://www.econbiz.de/10014470864
We examine whether finance professionals deviate from Bayes’ theorem on the processing of nondiagnostic information when forecasting quarterly earnings. Using field data from sell-side financial analysts and employing a regression discontinuity design, we find that analysts whose forecasts...
Persistent link: https://www.econbiz.de/10014254030
Persistent link: https://www.econbiz.de/10011284867
Berger and Pope (2011) show that being slightly behind increases the likelihood of winning in professional and collegiate basketball. We extend their analysis to large samples of Australian football, American football and rugby matches, but find little to no evidence of such an effect for these...
Persistent link: https://www.econbiz.de/10012261010
to accomplish this to a limited extent. Even with technical support, human bias remains in the decision-making process. … situations. Subconscious bias on the part of referees and the resulting systematic favouring of teams have already been shown … suitable instrument to counteract the bias of referees on the field. The analyses carried out reveal that the VAR is only able …
Persistent link: https://www.econbiz.de/10014528303
to accomplish this to a limited extent. Even with technical support, human bias remains in the decision-making process. … situations. Subconscious bias on the part of referees and the resulting systematic favouring of teams have already been shown … suitable instrument to counteract the bias of referees on the field. The analyses carried out reveal that the VAR is only able …
Persistent link: https://www.econbiz.de/10014528152
This study analyses the factors influencing coaching decisions when substituting players, particularly in light of the …
Persistent link: https://www.econbiz.de/10014634260
This study analyses the factors influencing coaching decisions when substituting players, particularly in light of the …
Persistent link: https://www.econbiz.de/10014540596
This study analyses the factors influencing coaching decisions when substituting players, particularly in light of the …
Persistent link: https://www.econbiz.de/10014631404
formalize this cognitive bias in a simple model of distorted Bayesian updating. We then examine strategy changes made by …Outcome bias occurs when an evaluator considers ex-post outcomes when judging whether a choice was correct, ex-ante. We … professional basketball coaches. We find they are more likely to revise their strategy after a loss than a win — even for narrow …
Persistent link: https://www.econbiz.de/10013057089