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We conducted an experiment to compare how overconfidence is influenced by performance-based and fixed payment schemes … overconfidence of women, and decreased the overconfidence of men. As a result, no gender difference in overconfidence was found when …
Persistent link: https://www.econbiz.de/10011199657
Overconfidence can lead to excessive business entry. Here we replicate the pioneer experiment finding this nexus … the nexus overconfidence-excess entry than students are. In particular, we find that left-handed, married, and emotionally …
Persistent link: https://www.econbiz.de/10009293897
Recent studies document that some CEOs are overconfident. In this note, we examine the effect of CEO overconfidence on … bank risk taking. We measure CEO overconfidence using press data, and bank risk taking using the standard deviation of …
Persistent link: https://www.econbiz.de/10008752476
We conducted an experiment to compare how overconfidence is influenced by performance-based and fixed payment schemes … overconfidence of women, and decreased the overconfidence of men. As a result, no gender difference in overconfidence was found when …
Persistent link: https://www.econbiz.de/10011039060
Miscalibration can be defined as the fact that people think that their knowledge is more precise than it actually is. In a typical miscalibration experiment, subjects are asked to provide subjective confidence intervals. A very robust finding is that subjects provide too narrow intervals at the...
Persistent link: https://www.econbiz.de/10008563062
overconfidence. We found that both male and female investors showed overconfidence above the subjective probability of 0.7 and … overconfidence effect. …
Persistent link: https://www.econbiz.de/10008458990