Renneboog, Luc; Pikulina, E.S.; Tobler, P.N. - Tilburg University, Center for Economic Research - 2014
between direct<br/>measures of confidence and choice of effort or investment. More precisely, strong<br/>overconfidence … underinvestment, and moderate<br/>overconfidence leads to accurate decisions. Our experimental results can be<br/>generalized as they …