An inclusive taxonomy of behavioral biases

  1. David Peón
  2. Manel Antelo
  3. Anxo Calvo-Silvosa
Revista:
European Journal of Government and Economics

ISSN: 2254-7088

Ano de publicación: 2017

Volume: 6

Número: 1

Páxinas: 24-58

Tipo: Artigo

DOI: 10.17979/EJGE.2017.6.1.4322 DIALNET GOOGLE SCHOLAR lock_openAcceso aberto editor

Outras publicacións en: European Journal of Government and Economics

Resumo

This paper overviews the theoretical and empirical research on behavioral biases and their influence in the literature. To provide a systematic exposition, we present a unified framework that takes the reader through an original taxonomy, based on the reviews of relevant authors in the field. In particular, we establish three broad categories that may be distinguished: heuristics and biases; choices, values and frames; and social factors. We then describe the main biases within each category, and revise the main theoretical and empirical developments, linking each bias with other biases and anomalies that are related to them, according to the literature.

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