Confidence, self-selection, and bias in the aggregate
The influence of behavioral biases on aggregate outcomes depends in part on self-selection: whether rational people opt more strongly into aggregate interactions than biased individuals. In betting market, auction and committee experiments, we document that some errors are strongly reduced through s...
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| Veröffentlicht in: | The American economic review 2023-07, Vol.113 (7), p.1933-1966 |
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| Format: | Artikel |
| Sprache: | eng |
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| Online-Zugang: | Volltext |
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