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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. …
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We repeatedly elicit beliefs about the returns to study effort, in a large university course. A behavioral model of quasi-hyperbolic discounting and malleable beliefs predicts that the dynamics of beliefs mirrors the importance of exerting self-control, such that believed returns increase as the...
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poorer health. Procrastination is typically modeled as resulting from present bias. In this paper we study an alternative … respond to information on their past choices. Experimental results refute the hypothesis that present bias is the sole source …
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