This paper investigates how framing manipulations affect the quantity and quality of decisions. In a field experiment … to loss framing. High-performers increase performance in both treatment groups but motivation is significantly crowded …

, Prospect Theory, and the Allais Paradox: Why Reference Points are Important -- 4. Confirmation Bias and Anchoring Effect: Why … the First Piece of Information is Key in Negotiations -- 5. Framing and the Ostrich effect: Why our Decisions depend on … leaders, and graduate students of risk management and risk psychology. It is the first behavioral risk management guide for …

) play dominated strategies. In particular, students with low priority tend to misrepresent their preferences for popular … unstable and more inefficient allocations in both small and large markets. Specifically, it discriminates agains students who …

discriminates against students who are more loss averse or less confident than their peers, and amplifies already existing …

that are extracted from a classroom experiment. We find that more-loss-averse students leave more questions unanswered and …

eight behavioural biases exhibited by the investors such as mental accounting, anchoring, gambler's fallacy, availability …