Behavioral Economics

  1. Heuristics and Biases
    1. Heuristics: Mental Shortcuts
      1. Definition and Role in Decision Making
        1. Evolutionary Advantages
          1. Trade-offs Between Speed and Accuracy
            1. Availability Heuristic
              1. Mechanisms and Examples
                1. Impact on Risk Perception
                  1. Media Influence Effects
                    1. Recency and Vividness
                    2. Representativeness Heuristic
                      1. Pattern Recognition
                        1. Base Rate Neglect
                          1. Conjunction Fallacy
                            1. Regression to the Mean Neglect
                              1. Sample Size Insensitivity
                              2. Anchoring and Adjustment Heuristic
                                1. Initial Anchor Effects
                                  1. Insufficient Adjustment
                                    1. Numeric and Non-Numeric Anchors
                                      1. Self-Generated vs. Externally Provided Anchors
                                    2. Biases from Framing and Context
                                      1. Framing Effects
                                        1. Risky Choice Framing
                                          1. Attribute Framing
                                            1. Goal Framing
                                              1. Temporal Framing
                                              2. Context Effects in Choice
                                                1. Decoy Effect
                                                  1. Compromise Effect
                                                    1. Attraction Effect
                                                    2. Choice Architecture Effects
                                                      1. Choice Overload
                                                        1. Default Options
                                                          1. Option Presentation Order
                                                          2. Reference Point Effects
                                                            1. Status Quo Bias
                                                              1. Endowment Effect
                                                                1. Loss Aversion in Ownership
                                                              2. Biases in Probability and Belief
                                                                1. Overconfidence
                                                                  1. Overestimation of Performance
                                                                    1. Overprecision of Beliefs
                                                                      1. Overplacement Relative to Others
                                                                        1. Calibration Problems
                                                                        2. Confirmation Bias
                                                                          1. Biased Information Interpretation
                                                                            1. Motivated Reasoning
                                                                            2. Hindsight Bias
                                                                              1. Knew-It-All-Along Effect
                                                                                1. Memory Distortion
                                                                                  1. Outcome Bias
                                                                                  2. Probability Judgment Errors
                                                                                    1. Gambler's Fallacy
                                                                                      1. Hot-Hand Fallacy
                                                                                        1. Conjunction Fallacy
                                                                                          1. Disjunction Fallacy