Results 41 to 50 of about 179 (108)
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
State‐Dependent Relationship Between Cryptocurrency Returns and Credit Spreads
ABSTRACT This study investigates how overconfident cryptocurrency traders influence the connection between returns and risk premia, proxied by option‐adjusted credit spreads. Using daily data from January 2021 to February 2025, we uncover asymmetry and state dependence: returns decline when spreads widen, particularly during crashes, yet they do not ...
Geul Lee, Doojin Ryu
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
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
Overprecision in Estimates of Physical Constants
Science depends on accurate estimates—and on honest assessments of how uncertain those estimates are. This study shows that scientists often express too much confidence in their reported values of physical constants, such as the charge of an electron or the speed of light.
Don A Moore, Mitchell Chan
openaire +1 more source
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
Overprecision and (Ir)rational Inattention
Berlin School of Economics Discussion Papers ...
Bosch-Rosa, Ciril +2 more
openaire +2 more sources
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
Abstract In this paper, we examine the role of usage‐based auto insurance on customers' decisions to change their insurance coverage at the renewal. Using a sample of 135,540 customers, we study whether usage‐based insurance (UBI) can facilitate the upselling and cross‐selling efforts of the firm, possibly leading to higher coverage choices and ...
Miremad Soleymanian +2 more
wiley +1 more source
The effect of calibration training on the calibration of intelligence analysts' judgments
Abstract Experts are expected to make well‐calibrated judgments within their field, yet a voluminous literature demonstrates miscalibration in human judgment. Calibration training aimed at improving subsequent calibration performance offers a potential solution.
Megan O. Kelly, David R. Mandel
wiley +1 more source

