Recent research confirms that observers' judgments of projected final destinations of axis-trajectory misaligned moving figures are biased in the direction of primary axis deviation from trajectory, a phenomenon we named the axis-aligned motion (AAM) bias. The present study tests whether this bias occurs in a large, immersive mixed-reality environment that enables active (mobile) responses in m...

Execution of a saccadic eye movement influences subsequent motion perception [Park, J., Lee, J., & Lee, C. (2001). Non-veridical visual motion perception immediately after saccades. Vision Research, 41, 3751-3761]. In the current study, we determined the pattern of perceptual changes for visual motion presented before saccades. The accuracy of judging the direction of a moving target was variab...

Conventional wisdom suggests that CEO membership of the compensation committee is an open invitation to rent extraction by self-serving executives. However, using data from New Zealand – where CEO compensation committee membership is relatively common – we find that annual pay increments for CEOs with this apparent advantage averaged six percentage points less than those enjoyed by other CEOs d...

An optimal agent will base judgments on the strength and reliability of decision-relevant evidence. However, previous investigations of the computational mechanisms of perceptual judgments have focused on integration of the evidence mean (i.e., strength), and overlooked the contribution of evidence variance (i.e., reliability). Here, using a multielement averaging task, we show that human obser...

We show that firms with chief executive officers (CEOs) who gain general managerial skills over their lifetime work experience invest more in R&D and produce more patents. We address the potential endogenous CEO-firm matching bias using firmand CEOfixed effects and variation in the enforceability of non-compete agreements across states and over time during the CEO’s career. Our findings suggest...

Empirical evidence is scarce on chief executive officer (CEO) turnover in U.S. hospitals, with potentially serious implications for many of these organizations. This study, based on a nationwide survey of CEOs at non-federal general surgical and medical community hospitals conducted in the spring of 2004, reports the perceptions of hospital CEOs regarding the circumstances and impact of CEO tur...

Psychological literature exposes a number of biases that can influence one’s judgment (e.g., pathology bias, confirmatory bias, hindsight bias, misestimation of covariance, decision heuristics, false consensus effect, and over-confidence in clinical judgment). Clinical judgment, the subjective method of arranging client data to establish a diagnosis and a treatment plan, can also be biased and ...