Results 41 to 50 of about 674 (143)
Information and competition entry [PDF]
This paper studies the influence of information on entry choices in a competition with a controlled laboratory experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition failure, where ...
Ewers, Mara
core
Construction and validation of an overconfidence scale in investment decisions
Existing studies that directly measure the three types of overconfidence—overprecision, overplacement, and overestimation—are largely exploratory, highlighting the need for further confirmatory research to establish robust overconfidence measures ...
Daniel Fonseca Costa +3 more
doaj +1 more source
The Discouraging Effect of Overconfidence
ABSTRACT Overconfidence is often viewed as encouraging entrepreneurs and CEOs to follow risky strategies such as entering new markets, engaging in innovation, or pursuing mergers and acquisitions. While such undertakings can generate excess returns and profits, overconfidence is frequently offered as an explanation for why so many business ventures ...
Cary Deck, Klajdi Bregu
wiley +1 more source
Confidence and information usage: Evidence from soil testing in India
Abstract Informational barriers are often considered to be a major constraint to the adoption of improved farming practices, inputs, and technologies by smallholder farmers. In the Indian context, it is widely believed that farmers misapply chemical fertilizers because they lack scientific information on soil conditions and corresponding fertilizer ...
Jared Gars +4 more
wiley +1 more source
Seeking the roots of entrepreneurship: Insights from behavioral economics [PDF]
There is a growing body of evidence that many entrepreneurs seem to enter and persist in entrepreneurship despite earning low risk-adjusted returns. This has lead to attempts to provide explanations—using both standard economic theory and behavioral ...
Herz, Holger +3 more
core
ABSTRACT Students' accurate monitoring of their own performance is essential for achieving successful learning processes. In this work, we have aimed at analysing the role played by monetary incentives and by metacognitive feedback in improving students' miscalibration of their academic performance.
Gerardo Sabater‐Grande +2 more
wiley +1 more source
ABSTRACT Empirical evidence supports the conventional wisdom that entrepreneurs are more optimistic and overconfident than others. However, the same holds true for (top) managers. In a large incentivized survey ( n = 2404
Earn More Tomorrow: Overconfidence, Income Expectations, and Consumer Indebtedness
Abstract This paper examines whether biased income expectations due to overconfidence lead to higher levels of debt taking. We show suggestive evidence for a link between overconfidence and borrowing behavior in a representative survey of German households (German Socio‐Economic Panel–Innovation Sample [GSOEP‐IS]).
ANTONIA GROHMANN +3 more
wiley +1 more source
Self‐serving attribution and managerial investment decision
Abstract This study examines whether managerial overconfidence coupled with self‐attribution bias distorts the investment decisions of firms. To this end, we investigate the impact of overconfidence on asymmetric investment cash flow sensitivity (ICS).
Chune Young Chung +2 more
wiley +1 more source
Modelling the composition of household portfolios: A latent class approach
Abstract We explore portfolio allocation in Great Britain by introducing a latent class modelling approach using household panel data based on a nationally representative sample of the population, namely the Wealth and Assets Survey. The latent class aspect of the model splits households into four groups, from lowest‐wealth and least‐diversified ...
Raslan Alzuabi +3 more
wiley +1 more source

