Gloede, Oliver; Menkhoff, Lukas - Wirtschaftswissenschaftliche Fakultät, Leibniz … - 2011
This paper examines financial professionals' overconfidence in their forecasting performance. We compare individuals …' self-rating of performance with the true performance, both measured relative to the same peer group. The forecasters in our … this, we find that working experience is accompanied by less overconfidence. Function is also related to less …