Behavioral biases and cognitive reflection

Eva Hoppe and David Kusterer

Economics Letters, 2011, vol. 110, issue 2, 97-100

Abstract: In a large-scale laboratory experiment, we investigate whether subjects' scores on the cognitive reflection test (CRT) are related to their susceptibility to the base rate fallacy, the conservatism bias, overconfidence, and the endowment effect.

Keywords: Cognitive; reflection; test; Base; rate; fallacy; Conservatism; Overconfidence; Endowment; effect (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (94)

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Working Paper: Behavioral biases and cognitive reflection (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:110:y:2011:i:2:p:97-100

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