Results 61 to 70 of about 60,144 (318)
Overconfidence and Timing of Entry
Games, 2020 We analyze the impact of overconfidence on the timing of entry in markets, profits, and welfare using an extension of the quantity commitment game. Players have private information about costs, one player is overconfident, and the other one rational.
Luis Santos-Pinto, Tiago Pires
doaj +1 more source
Material ESG Performance and Bid Premium in Merger and Acquisition Deals
International Journal of Finance &Economics, EarlyView.ABSTRACT This study examines the firm‐level and country‐level environmental, social, and governance (ESG) performance on bid premiums in cross‐border mergers and acquisitions (M&A) transactions. We document considerable variations in bid premiums. Higher carbon emissions are associated with higher bid premiums, suggesting that acquirers may perceive ...
Ndubuisi Ezenwa +2 more
wiley +1 more source
Farmers' Subjective Yield Distributions: Calibration and Implications for Crop Insurance Valuation [PDF]
This paper examines the role of overconfidence in explaining farmer crop insurance purchasing decisions. The authors hypothesize that overconfidence could influence the participation decision and test this hypothesis.
Sherrick, Bruce J., Umarov, Alisher
core +1 more source
Diagnostic error, overconfidence and self-knowledge [PDF]
, 2017 According to the overconfidence hypothesis (OH), physician overconfidence is a major factor contributing to diagnostic error in medicine. This paper argues that (OH) can be read as offering a personal, a sub-personal or a systemic explanation of ...
Cassam, Quassim
core +1 more source
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
International Journal of Finance &Economics, EarlyView.ABSTRACT This study investigates earnings management in European banks in the context of the 2016 EU audit directive. Using a dynamic panel of 134 banks over 2012–2023, we apply two‐step System‐GMM estimators with three profitability measures—Earnings Before Provisions and Taxes (EBPT), Return on Assets (ROA), and Return on Equity (ROE).
Maria Christofidou +3 more
wiley +1 more source
Overconfidence and market efficiency with heterogeneous agents [PDF]
We study financial markets in which both rational and overconfident agents coexist and make endogenous information acquisition decisions. We demonstrate the following irrelevance result: when a positive fraction of rational agents (endogeneously) decides
Branko Urosevic +2 more
core +3 more sources
Investor overconfidence and the increase in idiosyncratic risk [PDF]
, 2008 We adopt investor sentiment, stock turnover, and misvaluation as proxies for investor overconfidence, and document that idiosyncratic risk is positively correlated with investor overconfidence at both the individual stock level and the market level.
Chang, E, Luo, Y
core +1 more source
From Reactive to Proactive Volatility Modeling With Hemisphere Neural Networks
Journal of Applied Econometrics, EarlyView.ABSTRACT We revisit maximum likelihood estimation (MLE) for macroeconomic density forecasting through a novel neural network architecture with dedicated mean and variance hemispheres. Our architecture features several key ingredients making MLE work in this context.
Philippe Goulet Coulombe +2 more
wiley +1 more source
Journal of Dental Education, EarlyView.ABSTRACT Objective Simulation‐based learning (SBL) in oral radiology offers a safe, structured environment that supports students’ transition to clinical practice. However, limited research has captured students' perceptions of SBL for intraoral radiography training.
Abeer A. Almashraqi +4 more
wiley +1 more source