Overconfidence in Investment Decisions: An Experimental Approach

In this paper the authors experimentally test overconfidence in investment decisions by ordering participants the possibility to substitute their own for alternative investment choices.

MoreLess

Year of publication:	2001
Authors:	Dittrich, Dennis ; Güth, Werner ; Maciejovsky, Boris
Publisher:	Max-Planck-Institut zur Erforschung von Wirtschaftssystemen <Jena> / Abteilung Strategische Interaktion
Subject:	Portfolio Selection \| Anlageverhalten \| Eingeschränkte Rationalität \| Entscheidung bei Risiko \| decision

Check Google Scholar |

More access options

In German libraries (KVK)

I need help

More details

Extent:	232448 bytes 21 p. application/pdf
Series:	Max-Planck-Institut für Ökonomik - Abteilung für Strategische Interaktion - Discussion Papers on Strategic Interaction Discussion Papers on Strategic Interaction ; 3 (2001)
Type of publication:	Book / Working Paper
Language:	English
Classification:	C91 - Laboratory, Individual Behavior ; D81 - Criteria for Decision-Making under Risk and Uncertainty ; G11 - Portfolio Choice ; Financial theory ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005845213