ambiguous lotteries in a financial decision context. The experiment can be viewed in two parts. The first part replicates an … and elicited values of lotteries in a financial decision context. Further, the interaction of overconfidence, competence …

and asset market bubbles. So far, most of the finance literature takes overconfidence as a given, "static" personality …

This note is based on a recent confidence index introduced in the context of compensating probability factors for … probability spreads, and it explains momentum in confidence. We use the index to introduce a confidence matrix operator which … confidence matrix operator is an Euclidean motion which rotates and reverses loss domain into hope of gain. Thus, signifying risk …