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We are all Behavioral, More or Less: A Taxonomy of Consumer Decision Making

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NBER2020-11-01 更新2025-01-04 收录
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We examine how 17 behavioral biases relate to each other, to other decision inputs, and to decision outputs. Most consumers exhibit multiple biases in our nationally representative panel data. There is substantial heterogeneity across consumers, even within similar demographic/skill groups. Biases

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2020-11-01
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