profited from high firm rents in the past. We interpret our findings as evidence for overconfidence generated by imperfectly …

Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue … that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … particular, we show theoretically and experimentally that different forms of overconfidence may have opposing effects on …

We study the implications of overconfidence for price setting in a monopolistic competition setup with incomplete …

models of social learning to investigate the micro-level mechanisms. We find that overconfidence and conservatism contribute …

observed ineffciency and observed horizon dynamics. Using the same model framework, I also rule out overconfidence as the main …

This study examines gender differences in overconfidence and decision-making in a high-stakes environment. Using data … average, are less likely than men to overestimate their ability. This result is robust to different measures of overconfidence … overconfidence. In terms of performance, results suggest that women suffer more from overconfidence than men. …

Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue … that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … particular, we show theoretically and experimentally that different forms of overconfidence may have opposing effects on …

We suggest that overconfidence among policymakers explains why formal decision power over monetary policy is given to … committees, while much of the real power to set policy remains with central bank chairmen. Overconfidence implies that the … reduces this risk, because it induces moderation from the chairman. Overconfidence also yields disagreement and dissent in the …