This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

The distortion of beliefs in the face of uncertainty

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Sjöberg, Lennart () (Department of Economic Psychology)
Abstract

Judgements and beliefs often are distorted. They are affected by underlying values and reflect strong tendencies toward wishful thinking. In action, biased thinking may or may not be detrimental, and there is a very delicate balance to keep between the need to motivate oneself for forceful action, and to keep a realistic view of the possibilities of success. People encounter problems, calling for thought and the formation of constructs, only rather rarely, but when they do they tend to be in an unpleasant emotional state. Uncertainty is one such state, in which one encounters difficult problems and expects little success.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://swoba.hhs.se/hastba/papers/hastba2002_009.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by Stockholm School of Economics in its series Working Paper Series in Business Administration with number 2002:9.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 30 pages
Date of creation: May 2002
Date of revision:
Publication status: Published in International Journal of Management and Decision Making, 2007, pages 1-29.
Handle: RePEc:hhb:hastba:2002_009

Contact details of provider:
Postal: The Economic Research Institute, Stockholm School of Economics, P.O. Box 6501, SE 113 83 Stockholm, Sweden
Phone: +46-(0)8-736 90 00
Fax: +46-(0)8-31 01 57
Email:
Web page: http://www.hhs.se/
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Helena Lundin).

Related research
Keywords: thought biases; heuristics; judgement; decision making;

Other versions of this item:

This paper has been announced in the following NEP Reports: References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Shanteau, James, 1992. "Competence in experts: The role of task characteristics," Organizational Behavior and Human Decision Processes, Elsevier, vol. 53(2), pages 252-266, November. [Downloadable!] (restricted)
  2. Manove, Michael & Padilla, Atilano Jorge, 1998. "Banking (Conservatively) With Optimists," CEPR Discussion Papers 1918, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  3. Camerer, Colin F., 1998. "Prospect Theory in the Wild: Evidence From the Field," Working Papers 1037, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
  4. Baron, Jonathan & Spranca, Mark, 1997. "Protected Values," Organizational Behavior and Human Decision Processes, Elsevier, vol. 70(1), pages 1-16, April. [Downloadable!] (restricted)
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Sjöberg, Lennart, 2002. "The Perceived Risk of Terrorism," Working Paper Series in Business Administration 2002:11, Stockholm School of Economics, revised 16 Jan 2003. [Downloadable!]
Statistics
Access and download statistics

Did you know? IDEAS is also providing many rankings, for example of authors and institutions.

This page was last updated on 2009-12-7.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.