Skip to main content
Keyword: wishful thinking;
3 results found.
Return to Latest Publications
How achievement makes people feel depends upon counterfactual thoughts about what could have been. One body of evidence for this comes from studies of observer ratings of Olympians' happiness, which suggests that categor...Read more...
Paul Dolan, Chloe Foy, Georgios Kavetsos and Laura Kudrna
21 June 2016
An experiment tested whether and in what circumstances people are more likely to believe an event simply because it makes them better off. Subjects observed a financial asset's historical price chart, and received both a...Read more...
10 November 2011
This paper offers a simple but powerful model of wishful thinking, cognitive dissonance, and related biases. Choices maximize subjective expected utility, but beliefs depend on the decision maker's interests as well as o...Read more...