Projection Bias in Predicting Future Utility
نویسندگان
چکیده
منابع مشابه
Projection Bias in Predicting Future Utility
People exaggerate the degree to which their future tastes will resemble their current tastes. We present evidence from a variety of domains which demonstrates the prevalence of such projection bias, develop a formal model of it, and use this model to demonstrate its importance in economic environments. Projection bias leads people to overvalue reference-dependent goods and magni...es the endowm...
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ژورنال
عنوان ژورنال: The Quarterly Journal of Economics
سال: 2003
ISSN: 0033-5533,1531-4650
DOI: 10.1162/003355303322552784