Results 41 to 50 of about 7,429 (154)
Overconfidence, stability and investments [PDF]
Journal of Economic Behavior & Organization, 2018 Abstract The available evidence from numerous studies suggests that overconfidence varies significantly across countries. We develop a model that endogenizes these differences and examines their economic consequences. A crucial determinant of differences in overconfidence is the degree of expected stability of the environment, with greater ...
Dessi, Roberta, Zhao, Xiaojian
openaire +5 more sources
CEO Over-confidence and Corporate Cash Holdings: Emphasizing the Moderating Role of Audit Quality [PDF]
بررسیهای حسابداری و حسابرسی, 2018 Objective: Since cash has a pivotal role in going concern, financial flexibility and utilizing investment opportunities, managers have sufficient motivation to hold cash.
Narges Sarlak +3 more
doaj +1 more source
Overconfidence over the lifespan [PDF]
Judgment and Decision Making, 2017 AbstractThis research investigated how different forms of overconfidence correlate with age. Contrary to stereotypes that young people are more overconfident, the results provide little evidence that overestimation of one’s performance or overplacement of one’s performance relative to that of others is correlated with age.
Prims, Julia P, Moore, Don A
openaire +4 more sources
Overconfidence in Interval Estimates. [PDF]
Journal of Experimental Psychology: Learning, Memory, and Cognition, 2004 Judges were asked to make numerical estimates (e.g., "In what year was the first flight of a hot air balloon?"). Judges provided high and low estimates such that they were X% sure that the correct answer lay between them. They exhibited substantial overconfidence: The correct answer fell inside their intervals much less than X% of the time.
Jack B. Soll, Joshua Klayman
openaire +2 more sources
INVESTOR PSYCHOLOGY AND DECISION MAKING; BASED ON OVERCONFIDENCE AND SELF ATTRIBUTION BIAS: EVIDENCE FROM ISLAMABAD STOCK EXCHANGE (ISE) [PDF]
Annals of the University of Oradea: Economic Science, 2017 The literature in behavioural finance and behavioural economics deviates from the conventional economic model in incorporating behavioural evidence on non-standard preferences and values, such as loss aversion, self-deception or attribution, or ...
Sadaf Rabeea, Younis Aqeel
doaj
Overconfidence, Insurance, and Paternalism [PDF]
American Economic Review, 2007 It is well known that when agents are fully rational, compulsory public insurance may make all agents better off in the Rothschild and Stiglitz (1976) model of insurance markets. We find that when sufficiently many agents underestimate their personal risks, compulsory insurance makes low-risk agents worse off.
Alvaro Sandroni, Francesco Squintani
openaire +3 more sources
Финансы: теория и практикаThe purpose of this study is to identify the relationship between the CEO overconfidence and the subsequent performance. Furthermore, the study examines the intermediary role of Real Earnings Management (REM).
M. A. Fahd
doaj +1 more source
A Theory of Entrepreneurial Overconfidence, Effort, and Firm Outcomes
The Journal of Entrepreneurial Finance, 2015 We present a theory of entrepreneurial behavior that explores the relationship between overconfidence and successful firm outcomes, such as acquisition or IPO. In our model, increasing overconfidence produces two conflicting effects on the probability of
Craig R. Everett, Richard J. Fairchild
doaj +1 more source
Effects of instruction on students’ overconfidence in introductory quantum mechanics
Physical Review Physics Education Research, 2020 Students’ ability to assess their own knowledge is an important skill in science education. However, students often overestimate their actual performances. In such cases, overconfidence bias arises.
Italo Testa +5 more
doaj +1 more source
HUBUNGAN MANAGERIAL OVERCONFIDENCE, KEPEMILIKAN PEMERINTAH DAN KEPUTUSAN PEMBIAYAAN PERUSAHAAN
Jurnal Ekonomi dan Bisnis, 2019 This study examines the effect of managerial overconfidence on corporate financing which measured by leverage ratio. Also it investigates the moderating effect of government ownership on the relationship between managerial overconfidence and leverage ...
Dewi Puji Lestari, Faisal Faisal
doaj +1 more source