Narrow search
Showing 1 - 10 of 1,729
Cover Image
Anxiety, overconfidence, and excessive risk taking
Eisenbach, Thomas M.; Schmalz, Martin C. - 2015
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...
Persistent link: https://www.econbiz.de/10010482950
Cover Image
Trust, Reciprocity, and Betrayal Aversion : Theoretical and Experimental Insights
Breuer, Wolfgang - 2014
send less money than solely selfish ones. In our experiment, most subjects show distinct social preferences in the receiver …
Persistent link: https://www.econbiz.de/10013056469
Cover Image
How Does Investor Confidence Lead to Trading? Linking Investor Return Experiences, Confidence, and Investment Beliefs
Hoffmann, Arvid O. I. - 2019
Confident investors trade more than less confident investors, but why? Prior research tests the ultimate relation between investor confidence and trading, but does not empirically examine the underlying mechanism that explains why confidence leads to trading. We complement the literature by...
Persistent link: https://www.econbiz.de/10012905195
Cover Image
Confidence Spillovers : Evidence from Entrepreneurship
Hacamo, Isaac - 2020
Evaluating the market for potential entrepreneurs, we test whether interacting with confident agents encourages entry into competitive environments. Under an experimental setting, we find that young managers confident in their entrepreneurial potential, despite no prior experience, increase the...
Persistent link: https://www.econbiz.de/10012853252
Cover Image
Widely-Used Measures of Overconfidence Are Confounded With Ability
Spiller, Stephen A. - 2023
The concept of “overconfidence” is one of the great success stories of psychological research, influencing discourse in the popular press, business, and public policy. Relative to underconfidence, overconfidence at various tasks is purportedly associated with greater narcissism, lower...
Persistent link: https://www.econbiz.de/10014344292
Cover Image
A Nation-Wide Laboratory: Examining Trust and Trustworthiness by Integrating Behavioral Experiments into Representative Surveys
Fehr, Ernst; Fischbacher, Urs; von Rosenbladt, Bernhard; … - 2003
representative behavioral data from a social dilemma experiment. We identify which survey questions intended to elicit people's trust … correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly skilled workers and …
Persistent link: https://www.econbiz.de/10010262013
Cover Image
A nation-wide laboratory : examining trust and trustworthiness by integrating behavioral experiments into representative survey
Fehr, Ernst; Fischbacher, Urs; Rosenbladt, Bernhard von; … - 2003
with representative behavioral data from a social dilemma experiment. We identify which survey questions intended to elicit … people s trust correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly skilled …
Persistent link: https://www.econbiz.de/10011402471
Cover Image
Price dynamics and trader overconfidence
Ahrens, Steffen; Bosch-Rosa, Ciril; Roulund, Rasmus Pank - 2019
Overconfidence is one of the most important biases in financial markets and commonly associated with excessive trading and asset market bubbles. So far, most of the finance literature takes overconfidence as a given, "static" personality trait. In this paper we introduce a novel experimental...
Persistent link: https://www.econbiz.de/10012034133
Cover Image
A nation-wide laboratory: Examining trust and trustworthiness by integrating behavioral experiments into representative surveys
Fehr, Ernst; Fischbacher, Urs; von Rosenbladt, Bernhard; … - 2003
data with representative behavioral data from a social dilemma experiment. We identify which survey questions intended to … elicit people's trust correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly … einem Experiment über eine Dilemma-Situation verbunden wurde. Unsere Resultate zeigen zum einen, dass nicht alle Survey …
Persistent link: https://www.econbiz.de/10010300553
Cover Image
A nation-wide laboratory : Examining trust and trustworthiness by integrating behavioral experiments into representative surveys
Fehr, Ernst; Fischbacher, Urs; von Rosenbladt, Bernhard; … - 2002
data with representative behavioral data from a social dilemma experiment. We identify which survey questions intended to … elicit people?s trust correlate well with behaviorally exhibited trust in the experiment. People above the age of 55, highly …
Persistent link: https://www.econbiz.de/10010276356