Projection Bias in the Car and Housing Markets

Meghan R. Busse, Devin G. Pope, Jaren C. Pope, Jorge Silva-Risso

NBER Working Paper No. 18212
Issued in July 2012

---- Acknowledgements -----

We are grateful to Chris Bruegge and Ezra Karger for valuable research assistance. We also thank Stefano DellaVigna, Emir Kamenica, Ulrike Malmendier, Ted O’Donoghue, Loren Pope, Mathew Rabin, Dick Thaler, and seminar participants at the Behavioral Economics Annual Meeting, Columbia University, Cornell University, Harvard Business School, MIT, Stanford University, UC Berkeley, UC Los Angeles, UC San Diego, UC Santa Barbara, University of Chicago, University of Illinois, University of Zurich, and Yale University for helpful suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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