. 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 …

This paper examines financial professionals' overconfidence in their forecasting performance. We are the first to … show overconfidence on average. In analyzing this, we find an easing relation to experience. Job characteristics are also … related to less overconfidence, such as being a fund manager and using fundamental analysis. The same effect is found for the …

This paper presents an online-experiment on overconfidence in the context of financial markets. Our subject pool … participants can be controlled for in our analysis. It turns out that there are stable differences in overconfidence between the … three investor groups. Moreover, investment experience and age have a significant impact on the degree of overconfidence …