Heuristics and Biases in Bankruptcy Judges

Bankruptcy Judges and Bankruptcy Venue: Some Thoughts on Delaware

Heuristics and Biases in Charity

We consider utilitarian models of altruism constrained by limited willingness to sacrifice self-interest. By these models donors should strive to maximize the good they do, within the constraint. We describe several departures from predictions of these models and provide new data on some of them, based on studies conducted on the World Wide Web. We find: people focus on minimizing operating cos...

Heuristics and Biases in Retirement Savings Behavior

A ll around the world, in both the public and private sectors, retirement plans are shifting away from “defined benefit” plans toward “defined contribution” plans. Poterba, Venti, and Wise (2006), for example, followed the cohort of Americans who were 45 years old in 1984 and report a decrease in defined benefit plan coverage from about 40 percent to 20 percent and a corresponding increase in d...

Heuristics and biases in cyber security dilemmas

Cyber security often depends on decisions made by human operators, who are commonly considered a major cause of security failures. We conducted 2 behavioral experiments to explore whether and how cyber security decision-making responses depend on gain–loss framing and salience of a primed recall prior experience. In Experiment I, we employed a 2 9 2 factorial design, manipulating the frame (gai...

Heuristics: Heuristics and Biases at the Bargaining Table