New answers tagged behavioral-economics
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A study of Gopi Shah Goda, Matthew Levy, Colleen Flaherty Manchester, Aaron Sojourner, and Joshua Tasoff (2015) The Role of Time Preferences and Exponential-Growth Bias in Retirement Savings showed that in the US the most important cognitive bias is the exponential growth bias.
Exponential growth bias is bias that occurs because people intuitively do not ...
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