Behavioral economics began with the intention of eliminating the psychological blind spot in
rational choice theory and ended up portraying psychology as the study of irrationality. In its …

Studies of social judgments have demonstrated a number of diverse phenomena that were
so far difficult to explain within a single theoretical framework. Prominent examples are false …

Scientific progress relies on the dialectics of loosening and tightening processes. Although
most gripping accomplishments in psychological science testify to the critical role of creative …

ABSTRACT The Open Science Collaboration's 2015 report suggests that replication effect
sizes in psychology are modest. However, closer inspection reveals serious problems …

In this paper, we examine whether overconfidence coupled with a self-attribution bias affects
the investment decisions of top corporate managers. First, overconfidence of chief executive …

Overconfidence is a robust cognitive bias with far-reaching implications, but prior research
on cultural differences in overconfidence has been conflicting. We present two studies that …

Can we tell whether our beliefs and judgments are correct or wrong? Results across many
domains indicate that people are skilled at discriminating between correct and wrong …

Many decisions are made with input from others, whether direct suggestions, information, or
social support. While much of the research in judgment and decision making has focused on …

Background Overconfidence is the tendency to overestimate the knowledge, capacity, or
performance one really possesses. This cognitive bias could be potentially dangerous in …

Technological advances over the last decade saw the rise of ICT and IoT, paving the way for
the Supply Chain of Things. Blockchain technology was one of the most recent and …