Journal Article10.1086/709971
Motivated false memory
67
TL;DR: This paper reported a large-scale experiment on memory errors and their relation to preferential traits including time preference, attitudes toward risk, and time preference in a large scale experiment with a large number of participants.
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Abstract: People often forget and sometimes fantasize. This paper reports a large-scale experiment on memory errors and their relation to preferential traits including time preference, attitudes toward risk ...
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Citations
Persistent Overconfidence and Biased Memory: Evidence from Managers
TL;DR: This paper found that managers make overconfident predictions about future performance, and overly positive memories of past performance are linked at an individual level, consistent with models of motivated beliefs in which individuals are motivated to distort memories of feedback and preserve unrealistic expectations.
96
Performance Feedback and Peer Effects
TL;DR: In this article, the impact of performance feedback provision and peer effects on individuals' performance is discussed. And the authors highlight the positive and negative effects of feedback on relative performance and rank on individual productivity and persistence, but also the occurrence of antisocial behavior.
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The Fake News Effect: Experimentally Identifying Motivated Reasoning Using Trust in News
TL;DR: A novel experimental design is created to identify motivated reasoning from Bayesian updating when people enter into the experiment with endogenously different beliefs, and analyzes how subjects assess the veracity of information sources that tell them the median of their belief distribution is too high or too low.
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Overconfidence, stability and investments ☆
TL;DR: This article developed a model that endogenizes these differences and examines their economic consequences, finding that a crucial determinant of differences in overconfidence is the degree of expected stability of the environment, with greater changefulness giving rise to more overconfident beliefs.
Protecting the ego: Motivated information selection and updating
TL;DR: In this paper , the authors investigate whether individuals self-select feedback that allows them to maintain their motivated beliefs, and they find that individuals sort themselves into information structures that allow them to misinterpret negative feedback in a self-serving way.
25
References
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Golden Eggs and Hyperbolic Discounting
TL;DR: The authors analyzes the decisions of a hyperbolic consumer who has access to an imperfect commitment technology: an illiquid asset whose sale must be initiated one period before the sale proceeds are received.
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The Organization of Behavior: A Neuropsychological Theory
D. O. Hebb
- 01 Jan 1949
TL;DR: In this paper, the authors discuss the first stage of perception: growth of the assembly, the phase sequence, and the problem of Motivational Drift, which is the line of attack.
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