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RDP 9307: Explaining Forward Discount Bias: Is it Anchoring?
Equation
W
t
+
n
a
−
W
t
+
n
r
≈
W
t
γ
σ
e
2
∑
j
=
t
t
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n
−
1
(
i
*
−
i
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+
Δ
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+
1
)
(
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E
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)
Δ
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1
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