Full Description
Sebastian Serfas shows how cognitive biases systematically affect and distort capital investment-related decision making and business judgements. He provides a large number of examples that every business practitioner might encounter every day, demonstrates the detrimental effects through various empirical experiments, and outlines potential counterstrategies to mitigate these negative effects.
Contents
Theoretical Foundations of Capital Investments and Cognitive Biases; Cognitive Biases in the Capital Investment Context; Empirical Experiments; Debiasing and Potential Countermeasures



