Behavioral biases and cognitive reflection

Eva I. Hoppe; David J. Kusterer

doi:10.1016/j.econlet.2010.11.015

Behavioral biases and cognitive reflection

Eva I. Hoppe^*, David J. Kusterer

^*Corresponding author for this work

Research output: Contribution to journal › Article › Academic › peer-review

134 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 language	English
Pages (from-to)	97-100
Number of pages	4
Journal	Economics Letters
Volume	110
Issue number	2
DOIs	https://doi.org/10.1016/j.econlet.2010.11.015
Publication status	Published - Feb 2011
Externally published	Yes

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10.1016/j.econlet.2010.11.015

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title = "Behavioral biases and cognitive reflection",

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.",

author = "Hoppe, {Eva I.} and Kusterer, {David J.}",

year = "2011",

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journal = "Economics Letters",

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AU - Kusterer, David J.

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DO - 10.1016/j.econlet.2010.11.015

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SN - 0165-1765

VL - 110

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JO - Economics Letters

JF - Economics Letters

IS - 2

ER -

Behavioral biases and cognitive reflection

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