Give an example of each of the following systematic biases.
a. being overconfident
b. having self-control problems and using hyperbolic discounting
c. falling prey to framing due to anchoring
d. paying attention to sunk costs
e. relying on generosity and selflessness

Question

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The Answer of Give an example of each of the following systematic biases.
a. being overconfident
b. having self-control problems and using hyperbolic discounting
c. falling prey to framing due to anchoring
d. paying attention to sunk costs
e. relying on generosity and selflessness

Give an Example of Each of the Following Systematic Biases