Overconfidence as a social bias: Experimental evidence
Abstract The overconfidence bias is discussed extensively in economic studies, yet fails to hold experimentally once monetary incentives and feedback are implemented. We consider overconfidence as a social bias. For a simple real effort task, we show that, individually, economic conditions effectively prevent overconfidence.
Proeger, Till E., Meub, Lukas
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CONFIRMATION BIAS, SELF-ATTRIBUTION BIAS, DAN OVERCONFIDENCE DALAM TRANSAKSI SAHAM [PDF]
Overconfidence caused investors overestimate their knowledge, underestimate risk and exaggerate their ability to control events. This led to excessive trading, unwarranted risk taking, and ultimately, financial losses. The aim of this study was to analyze the relationship of overconfidence and confirmation bias and self-attribution bias.
Supramono Supramono, Marisa Wandita
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Overconfident in Hindsight: Memory, Hindsight Bias and Overconfidence. [PDF]
Overconfidence and Hindsight Bias are two well-knowncognitive biases. Herein, it is argued these biases may berelated to one another and human memory limitations;specifically, that memory limitations result in hindsight bias,causing people to recall being right more often than theyactually were, which leads to overconfidence as people applythis ...
Welsh, M., Welsh, Matthew B.
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The overconfidence bias and CEO: a literature overview
This systematic review deals the overconfidence bias. It is a cognitive bias which is described as the tendency of people to overestimate their abilities, prospects and chances of success. For the purpose of the research we chose to examine the influence of overconfidence bias on CEOs’ decisionmaking and their work in a company.
Čuláková, Tereza +3 more
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Influence of anchoring bias and overconfidence bias of investment decisions
The study investigates how behavioural biases particularly anchoring bias and overconfidence bias affect investors in Edo state, Nigeria while making investment decisions.
Chijuka, Ify, Oshoma, Blessing Osigbeme
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Blind following in the boardroom: Evidence of overconfidence contagion in Chinese listed companies
Of many psychological biases, overconfidence has been described as one of the most powerful. Few studies have focused on collective overconfidence in team decision-making by boards of directors since boards are typically “black boxes”.
Chao Liang, Bai Liu, Yin-Che Weng
doaj +1 more source
Effects of instruction on students’ overconfidence in introductory quantum mechanics
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
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Peran herding, overconfdence, dan endowment bias pada keputusan investasi investor pasar modal
Investment is one of the steps to get a financial advantage in the future. Investment decision-making involves thinking about action to make decisions.
Thea Diva Theressa +1 more
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The relationship between the income and behavioural biases [PDF]
Purpose - The purpose of this paper is to test the relationship between the annual income earned by the investors and eight behavioural biases exhibited by the investors such as mental accounting, anchoring, gambler’s fallacy, availability, loss ...
Renu Isidore R, Christie P
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Keputusan Investasi Cryptocurrency di Purwakarta: Mengungkap Dampak dari Herding dan Overconfidence
Investasi merupakan salah satu cara untuk mengalokasikan dana ke dalam bentuk investasi yang menguntungkan dengan memiliki dimensi waktu jangka panjang.
Rengga Madya Pranata
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