Results 121 to 130 of about 20,918 (295)
Behavioral Theories of the Business Cycle [PDF]
We explore the business cycle implications of expectation shocks and of two well-known psychological biases, optimism and overconfidence. The expectations of optimistic agents are biased toward good outcomes, while overconfident agents overestimate the ...
Sergio Rebelo, Nir Jaimovich
core +2 more sources
Self-assessment of knowledge in Higher Education [PDF]
, 2009 An appreciation of the extent of one’s knowledge has been referred to as metaknowledge and if well developed, this can help students to develop effective learning strategies.
Blackwood, Tony
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Advance selling and service cancelation when consumers are overconfident [PDF]
Purpose: This paper aims to study the joint decision making of advance selling and service cancelation for service provides with limited capacity when consumers are overconfident.
Ji, Guojun, Tan, Kim Hua, Sun, Zhongfeng
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Stock Price Deviations From Fundamentals Levels: Mis‐Valuation due to Investor Overconfidence?
International Journal of Finance &Economics, EarlyView.ABSTRACT We use the Residual Income Valuation Model to obtain fundamental values for sample stocks in six Eurozone markets. We then estimate the deviation between the fundamental values and actual stock prices. Subsequently, we examine whether these deviations can be systematically explained by business cycle trends, trends in local economic sentiment,
Stella N. Spilioti +1 more
wiley +1 more source
The Impact of Monetary Policy Shocks on Stock Price Crash Risk
International Journal of Finance &Economics, EarlyView.ABSTRACT This study examines the impact of monetary policy shocks (MPS) on future stock price crash risk (SPCR), using a sample of US firms from 1995 to 2019. We find that expansionary MPS significantly reduce the likelihood of SPCR, while contractionary MPS show no statistically significant effect on SPCR. These results remain robust after controlling
Shunshun Xu, Haifeng Guo, Yeqin Zeng
wiley +1 more source
The Relationship between Managers’ Overconfidence and Financing Decisions with Special Focus on Ownership Structure [PDF]
International Journal of Management, Accounting and Economics, 2017 Overconfidence is one of the critical concepts of modern behavioral finance highly interested in financial theories and psychology. The main objective of the present research is to study the relationship between managers’ overconfidence and financing ...
Soosan Salehi +2 more
doaj
Overconfidence and Market Performance [PDF]
How does trader overconfidence (overprecision or overplacement) affect individual performance in asset markets, and overall market quality? Conversely, how does market participation affect traders’ overconfidence?
Friedman, Daniel +2 more
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International Journal of Finance &Economics, EarlyView.ABSTRACT This study explores the relationship between managerial power, overconfidence, and obfuscation in the Chairpersons' statements of Indian banks over the period 2009–2022. We hand collect Chairperson statements of public and private Indian banks and implement linguistic analysis techniques to identify the presence of obfuscation.
John Pereira +2 more
wiley +1 more source
Overconfidence vs. Market Efficiency in the National Football League [PDF]
A question of increasing interest to researchers in a variety of fields is whether the incentives and experience present in many "real world" settings mitigate judgment and decision-making biases.
Cade Massey, Richard Thaler
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