The problem is what is called self-control bias in behavioral finance.

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Interviewer beware: behavioral economists have warned us well and good that we suffer from perception bias, in which we seek information that confirms our initial perceptions.

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Kahneman, often working with a fellow academic, the late Amos Tversky, described many of the core concepts of behavioral finance, including: loss and regret aversion, representativeness, anchoring and adjustment, and availability bias.

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