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This paper examines financial professionals' overconfidence in their forecasting performance. We are the first to … compare individual financial professionals' self-ratings with their true forecasting performance. Data spans several years at … attitude to herd, whereas recent forecasting success comes along with more overconfidence. …
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Why do entrepreneurship rates differ so markedly by gender? Using data from a large representative German household …-up decision and can explain the gender gap in entrepreneurship. Applying a decomposition analysis, we observe that the higher risk …
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