people neglect correlations in the updating process, leading to systematically "overshooting" beliefs. This finding lends …

and treat correlated information as independent. In consequence, people s beliefs are excessively sensitive to well …-conncected information sources, implying a pattern of overshooting beliefs. Additionally, in an experimental asset market, correlation …

and treat correlated information as independent. In consequence, people's beliefs are excessively sensitive to well …-connected information sources, implying a pattern of "overshooting" beliefs. Additionally, in an experimental asset market, correlation …

when individuals derive anticipatory utility from holding motivated, overly optimistic beliefs about the workload they need … for motivated reasoning allows workers to hold substantially more optimistic beliefs and identify a causal link between … the exogenous variation in beliefs and the deferral of work to the future. This systematic belief-based delay of work …

anticipatory utility from holding optimistic beliefs about their future effort costs. This study provides a rigorous empirical test … beliefs among workers, which causally increase the deferral of work to the future. The roots for biased beliefs stem from …

visual frame. Results are in line with the distracted attention mechanism and suggest that disclosure policies should take …

changing preferences and focusing attention. The resulting Limited Attention Status Quo Bias model can explain both the finding … of decision avoidance are inconsistent with the latter. We report the results of laboratory experiments which show that … both attention and preference channels are necessary to explain the impact of status quo on choice. …

understand the formation of such views and find levers to affect them, we study the role of attention. In a large online … experiment, we investigate how subjects allocate their visual attention to the contributions of merit and luck in the generation … less attention to information about true merit and retain more of the surplus. Both the attentional and behavioral patterns …

desire to affect beliefs often prioritized over distributive and retributive preferences? We test whether punishers derive … transgressor’s suffering), and cognitive states (the transgressor's beliefs about the cause of that suffering). In a novel …, preregistered experiment (N = 1,959) we demonstrate that consideration for transgressors' beliefs affects punishment decisions on …