Question
Present and discuss ONE or TWO examples in an Economics context, on ONE of the following behavioral biases. In doing so please cite/refer/briefly review, TWO
Present and discuss ONE or TWO examples in an Economics context, on ONE of the following behavioral biases. In doing so please cite/refer/briefly review, TWO (2) articles/papers that include/discuss relevant behavioral biases in Economics / Behavioral Economics. Do not repeat the definition/theory of the bias itself (other than using a few words only!)
Following behavioral biases:
- Confirmation bias.
- The overconfidence effect bias
- Framing effects bias.
- Loss Aversion bias
- Representativeness bias
- Aversion to ambiguity bias
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Managerial Economics Theory Applications and Cases
Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield
8th edition
978-0393124491, 393124495, 978-0039391277, 393912779, 978-0393912777
