Modelling the composition of household portfolios: A latent class approach
Canadian Journal of Economics/Revue canadienne d'économique, Volume 57, Issue 1, Page 243-275, February / Février 2024.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
What is your level of overconfidence? A strictly incentive compatible measurement of absolute and relative overconfidence. [PDF]
This study contributes to the ongoing discussion on the appropriate measurement of overconfidence, in particular, its strictly incentive compatible measurement in experiments. Despite a number of significant advances in recent research, several important
Diemo Urbig, Julia Stauf, Utz Weitzel
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Are Entrepreneurs more Optimistic and Overconfident than Managers and Employees? [PDF]
, 2015 Empirical evidence supports the conventional wisdom that entrepreneurs are more optimistic and overconfident than others. However, the same holds true for top managers.
Koudstaal, Martin +2 more
core +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
Polyphonic Sound Event Tracking Using Linear Dynamical Systems [PDF]
, 2017 In this paper, a system for polyphonic sound event detection and tracking is proposed, based on spectrogram factorisation techniques and state space models.
Benetos, E +3 more
core +1 more source
Predicting Overprecision in Range Estimation
, 2016 Overprecision (overconfidence in interval estimation) is a biaswith clear implications for economic outcomes in industriesreliant on forecasting possible ranges for future prices andunknown states of nature - such as mineral and petroleumexploration. Prior research has shown the ranges peopleprovide are too narrow given the knowledge they have – thatis,
Kaesler, Matthew +2 more
openaire +1 more source
Overweighting Private Information: Three Measures, One Bias? [PDF]
Overweighting private information is often used to explain various detrimental decisions. In behavioral economics and finance, it is usually modeled as a direct consequence of misperceiving signal reliability. This bias is typically dubbed overconfidence
Gerlinde Fellner, Sebastian Krügel
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The generalized propensity score methodology for estimating unbiased journal impact factors [PDF]
, 2018 The journal impact factor (JIF) proposed by Garfield in the year 1955 is one of the most commonly used and prominent citation-based indicators of the performance and significance of a scientific journal.
Daniel, Hans-Dieter, Mutz, Rüdiger
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The impact of salient labels and choice overload on sustainability judgments: An online experiment investigating consumers’ knowledge and overconfidence [PDF]
, 2023 Previous research suggests that contextual factors can affect the perception of food products, however, we still know little about how consumers evaluate these items in terms of sustainability.
Buratto, A, Lotti, L
core
Entrepreneurial success and failure: Confidence and fallible judgement [PDF]
Excess entry – or the high failure rate of market-entry decisions – is often attributed to overconfidence exhibited by entreprene urs. We show analytically that whereas excess entry is an inevitable consequence of imperfect assessments of entrepreneurial
Natalia Karelaia, Robin Hogarth
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