Kudryavtsev, Andrey; Cohen, Gil; Hon-Snir, Shlomit - In: Contemporary economics 7 (2013) 2, pp. 31-53
Human judgments are systematically affected by various biases and distortions. The main goal of our study is to analyze the effects of five well-documented behavioral biases—namely, the disposition effect, herd behavior, availability heuristic, gambler’s fallacy and hot hand fallacy—on the...
