control, overconfidence, and investors’ decision making. In total, 456 initial investors in Indonesia participated in online … increased the illusion of control, but not overconfidence or decision making, contrary to the bulk of previous studies. The … illusion of control exhibited a substantial significant effect of as much as 86.4% toward overconfidence, followed by a …

The possibility to use hedging strategies is an often neglected aspect in the literature on prediction/betting markets …: (i) the need to pay a fee when using a betting exchange and (ii) the lack of a lay option (the possibility to bet against …

risk for a given rate of return or achieving a bigger return for a given level of risk. We use historical data from the … estate market. We observe the maximization of EVA and the expected return maximizing concurrently, but the minimizing risk of … EVA is diversified with the minimization of portfolio risk. We observe that the max weight that a residential asset takes …

, two of the most significant challenges are developing a model able to beat the existing approaches and, within a betting … the considered period. For what concerns the betting perspective, we propose four different strategies. The resulting … model, irrespective of the betting strategy adopted. …

longshot bias is dominant, favorite bias has also now been found in a variety of sports betting markets. This review proposes … that the evidence is consistent with both biases being present in the average sports bettor. Sports betting markets with …. Sports betting markets with multiple outcomes, where the favorite's probability is usually <0.5, appear more consistent with …

uncertainty. Sports betting provides the testing ground, as we exploit an original dataset containing more than one million online … smaller set of events, and prefer games associated with smaller betting odds. …

from survey data, we construct measures of individuals' financial literacy overconfidence and underconfidence for empirical …. We find that individuals' financial literacy overconfidence (underconfidence) significantly promotes (demotes) their …