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Well, not all drivers made this mistake. Driving a cab is a Groundhog Day–type learning experience, in which the same thing happens every day, and cab drivers appear to learn to overcome this bias over time. We discovered that if we split each of our samples in half according to how long the subjects had been cab drivers, in every case the more experienced drivers behaved more sensibly. For the most part, they drove more when wages
Misbehaving: The Making of Behavioral Economics
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