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- W4220702931 abstract "Abstract To understand why naiveté about present-biased behavior is so prevalent and persistent, our experiment investigates how well participants learn from their past behavior in a real-effort task. While participants display naive present-biased behavior initially, our novel methodology allows us to establish that their updating is unbiased and would eliminate naiveté in the long run. Moreover, learning is unencumbered by a change in the environment. Our results suggest that persistent naiveté does not result from a fundamental inferential bias. However, participants underestimate their future learning—a bias that may lead to underinvestment in experimentation and a failure to activate self-regulation mechanisms." @default.
- W4220702931 created "2022-04-03" @default.
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- W4220702931 date "2022-03-10" @default.
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- W4220702931 title "Learning About One’s Self" @default.
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- W4220702931 doi "https://doi.org/10.1093/jeea/jvac012" @default.
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