Which of the following statements about the projection bias is true?
A) There are instances when the solution to the optimization problem of an individual with a projection bias coincides with the solution to the optimization problem if the individual did not exhibit the projection bias.
B) Some individuals gain additional utility from a projection bias.
C) Individuals who make decisions with a projection bias are always worse off than in the absence of such a bias.
D) Individuals who make decisions with a projection bias are sometimes better off than in the absence of such a bias.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements about the projection bias is true?
A) There are instances when the solution to the optimization problem of an individual with a projection bias coincides with the solution to the optimization problem if the individual did not exhibit the projection bias.
B) Some individuals gain additional utility from a projection bias.
C) Individuals who make decisions with a projection bias are always worse off than in the absence of such a bias.
D) Individuals who make decisions with a projection bias are sometimes better off than in the absence of such a bias.

Which of the Following Statements About the Projection Bias Is