Showing 1,491 - 1,500 of 1,586
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 …
Persistent link: https://www.econbiz.de/10011116877
We investigate whether overconfidence is affected by superstitious beliefs and whether the effect is heterogeneous … overconfidence is positively affected by being assigned to a lucky number. Interestingly, males and females react differently …: females’ overconfidence tends to be negatively affected when assigned to unlucky numbers, while they are not affected by being …
Persistent link: https://www.econbiz.de/10011117223
Research suggests that boards of directors select CEOs using signals of ability. However, little is known about how boards determine the combination of attributes that constitute a ‘good’ CEO, especially attributes without an ex ante clear impact on managerial quality, such as CEO optimism....
Persistent link: https://www.econbiz.de/10011117546
overconfidence and overentry into competition. In a broader context, the results provide an explanation for the overconfidence of …
Persistent link: https://www.econbiz.de/10011163925
overconfidence, are discussed. We argue that our findings can be transferred to behavior after success or failure in business …
Persistent link: https://www.econbiz.de/10011167268
overpricing caused by investor overconfidence and should be negatively related to expected aggregate returns. This paper develops …
Persistent link: https://www.econbiz.de/10011065613
A specific day-trading policy in Taiwan futures market allows an investigation of the performance of day traders. Since October 2007, investors who characterize themselves as “day traders” by closing their day-trade positions on the same day enjoy a 50% reduction in the initial margin....
Persistent link: https://www.econbiz.de/10011065676
overconfidence but due to the asymmetric information structure of the market. …
Persistent link: https://www.econbiz.de/10005399045
This paper analyzes the impact of overconfidence on the timing of entry in markets, profits, and welfare. To do that … overconfident player provided that cost asymmetries are small. Finally, we show that overconfidence reduces welfare, except when …
Persistent link: https://www.econbiz.de/10005518812
evidence on overconfidence and its determinants, trying to find out the possible effect of past performance on present optimism … grades. My analysis allows showing the existence of overconfidence, its reduction in two following tests, and its non linear … overconfidence. This idea is connected to the literature on heuristics and rule based perception. …
Persistent link: https://www.econbiz.de/10005623439