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Define your chosen bias/effect and provide an overview of the key findings relating to this bias: Economic Assignment, MU, Ireland

University Maynooth University (MU)
Subject Economics
  • Define your chosen bias/effect and provide an overview of the key findings relating to this bias.
  • Consider ONE recent paper that considers this bias and critically evaluates the methods used to test for the effect/bias.
  • Consider the implications of this bias for consumer/firm/investor decision-making? Is the bias significant enough to create problems in markets? Are there other potential effects of this bias in an economic context?
  • Discuss whether one could ‘de-bias’ themselves? In light of the bias you have explored, ask whether individuals have the capacity to overcome it.

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