making problems. When applying data to Indonesia, the new approach has successfully identified key sectors the Indonesian … policies in Indonesia. …

), aggregation method (average versus weighted by money, a proxy for confidence), and incentive (not incentive compatible versus … respondents to state their confidence, using my method, which induces the respondents to reveal confidence, there is a sizable and … statically significant positive relationship between confidence and the accuracy of individual-level expectations. This positive …

), and outcome confidence (Zakay and Tsal 1993), since perceived ambiguity regardingthe effectiveness of the novel health …

management confidence. In a unique sample of US firms that have existed for over 25 years we find management confidence, as … management confidence is higher firms have higher levels of debt. This result is robust to different definitions of leverage and … confidence as well as different model specifications. This confirms the theoretical arguments in behavioural finance that …

trading patterns are strictly decreasing in agents' confidence in private signals. Interestingly, social communication can ….Chapter 3 develops a multi-period market model to examine the evolution of risk averse agents' confidence degrees in learning …