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We provide a preference-based rationale for endogenous overconfidence. Horizon-dependent risk aversion, combined with a possibility to forget, can generate overconfidence and excessive risk taking in equilibrium. An "anxiety prone" agent, who is more risk-averse to imminent than to distant...
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-leadership are more prone to be victims of some cognitive biases in decision-making processes, such as the internal attribution of … successes and external attribution of failures (i.e., Self-Serving Bias, SSB) that are usually led by the strong belief of …
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. Third, we identify a self-serving bias when comparing how a subject evaluates his own and other people's biases. -- Bias … subjects' inability to distinguish between random mistakes and a real bias. Second, we show how the relation between a subject … ; Overconfidence ; Beliefs ; Experimental Economics ; Self-Serving Bias …
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