This paper examines financial professionals' overconfidence in their forecasting performance. We compare individuals … sample show overconfidence on average, although to a moderate degree, including many cases of underconfidence. In analyzing … this, we find that working experience is accompanied by less overconfidence. Function is also related to less …

. Higher risk taking may be explained by a higher degree of overconfidence, less herding behavior, or a lower degree of risk … overconfidence is mixed. We will argue that this mixed evidence may be likely due to the heterogeneity in the employed definitions of … risk taking and overconfidence. …

There are robust gender differences in the domains of risk taking, overconfidence and competition behavior. However, as … competition in the tournament scenario. The expected lower degree of overconfidence by women is yet so small that it becomes …

professionals’ overly positive self-assessment in general, we find evidence for male overconfidence in particular though without …