We examine factors that may contribute to 'overconfidence' in relative ability on an intelligence test. We test … an equilibrium strategy, providing a rationale for strategic overconfidence. …

overconfidence would have an important impact on financial markets, among other domains, leading i.a. to excessive trading. The …

), this could not be attributed to overconfidence. …

Overconfidence has been identified as a source of suboptimal decision making in many real- life domains, and it often … has far-reaching consequences. Here, we demonstrate a causal mechanism that leads to overconfidence and show a simple …, effective remedy for it in an incentive-compatible experimental study. We show that joy induces overconfidence if the reason for …

Two relevant areas in the behaviorist literature are prospect theory and overconfidence. Many tests are available to …, overplacement and overprecision as measures of overconfidence. Those tests are suitable to deal with single manifestations but often … and overconfidence. We conduct an experimental research with 126 students to validate the tests, revealing they are …

This paper examines whether the degree of confidence and overconfidence in one’s ability is determined biologically. In … between traders’ overconfidence bias, long-term financial returns and prenatal testosterone exposure. …

observe that underconfidence beats overconfidence in both respects. Underconfident subjects are rewarded significantly more …

We examine consumer certainty of future preferences and overconfidence in predicting future preferences. We explore how … preference certainty and overconfidence impact the option value to revise today's decisions in the future. We design a laboratory … overconfidence in predicting future preferences as: the difference between actual accuracy at predicting future choices and stated …