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  • Search: subject:"Benchmarking procedure"
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Benchmarking procedure 1 Endowment effect bias 1 Expected utility 1 Hard-easy effect bias 1 Loss-gain asymmetry 1 Sunk cost effect bias 1 van Zwet skewness conditions 1
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Free 1
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Book / Working Paper 1
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Author
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Bordley, Robert 1 LiCalzi, Marco 1 Tibiletti, Luisa 1
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Dipartimento di Management, Università Ca' Foscari Venezia 1
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Working Papers / Dipartimento di Management, Università Ca' Foscari Venezia 1
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A target-based foundation for the "hard-easy effect" bias
Bordley, Robert; LiCalzi, Marco; Tibiletti, Luisa - Dipartimento di Management, Università Ca' Foscari Venezia - 2014
The "hard-easy effect" is a well-known cognitive bias on self-confidence calibration that refers to a tendency to overestimate the probability of success in hard-perceived tasks, and to underestimate it in easy-perceived tasks. This paper provides a target-based foundation for this effect, and...
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