Behavioral biases and cognitive reflection

Eva I. Hoppe*, David J. Kusterer

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

126 Citations (Scopus)

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.

Original languageEnglish
Pages (from-to)97-100
Number of pages4
JournalEconomics Letters
Volume110
Issue number2
DOIs
Publication statusPublished - Feb 2011
Externally publishedYes

Research programs

  • RSM MKT

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