We investigate the theoretically proposed link between judgmental overconfidence and trading activity. In addition to … the relevant bias in the theoretical overconfidence literature. We relate the obtained overconfidence measures to trading …

relatively. We test three different theories about observed relative overconfidence. The first theory notes that simple … asymmetry produces overconfidence (Kőszegi, 2006; Weinberg, 2006). We test an important specific prediction of these models … might make this belief worse. Our data also reject this prediction. The third theory is that overconfidence is induced by …

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 …

overconfidence in a contest can improve the agent's performance relative to an unbiased opponent and can even lead to an advantage …

Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue … that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … particular, we show theoretically and experimentally that different forms of overconfidence may have opposing effects on …

Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue … that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … particular, we show theoretically and experimentally that different forms of overconfidence may have opposing effects on …