Search Results - subject:"Overprecision"

What influences overprecision in judgmental forecasting?

Czupryna, Marcin; Kubinska, Elżbieta - In: Romanian journal of economic forecasting 22 (2019) 3, pp. 117-131

Persistent link: https://www.econbiz.de/10012420528

Safety disconnect: Analysis of the role of labor experience and safety training on work safety perceptions

Lafuente, Esteban; Abad, Jesús; Vaillant, Yancy - In: Journal of Industrial Engineering and Management (JIEM) 11 (2018) 1, pp. 57-71

(over-precision bias). Originality/value: Work safety constitutes a relevant key performance indicator. The proposed …

Persistent link: https://www.econbiz.de/10011939366

Safety disconnect: analysis of the role of labor experience and safety training on work safety perceptions

Lafuente, Esteban; Abad, Jesús; Vaillant, Yancy - In: Journal of industrial engineering and management : JIEM 11 (2018) 1, pp. 57-71

(over-precision bias). Originality/value: Work safety constitutes a relevant key performance indicator. The proposed …

Persistent link: https://www.econbiz.de/10011920818

A short-but-efficient test for overconfidence and prospect theory. Experimental validation

Peon, David; Calvo, Anxo; Antelo, Manel - Volkswirtschaftliche Fakultät, … - 2014

, overplacement and overprecision as measures of overconfidence. Those tests are suitable to deal with single manifestations but often …

Persistent link: https://www.econbiz.de/10011111828

Overconfidence and bubbles in experimental asset markets

Michailova, Julija; Schmidt, Ulrich - Volkswirtschaftliche Fakultät, … - 2011

This paper investigates the relationship between market overconfidence and occurrence of stock-price bubbles. Sixty participants traded stocks in ten experimental asset markets. Markets were constructed on the basis of subjects’ overconfidence: The most overconfident subjects form high...

Persistent link: https://www.econbiz.de/10011266117

Overconfidence, Risk Aversion and Individual Financial Decisions in Experimental Asset Markets

Michailova, Julija - Volkswirtschaftliche Fakultät, … - 2010

We investigate the influence of overconfidence and risk aversion on individual financial decision making in the experimental asset markets of the Smith, Suchanek and Williams (1988) type, with no informational asymmetries. Subjects, based on their pre-experimental overconfidence scores, were...

Persistent link: https://www.econbiz.de/10011266111

A simple remedy for overprecision in judgment

Haran, Uriel; Moore, Don A.; Morewedge, Carey K. - In: Judgment and Decision Making 5 (2010) 7, pp. 467-476

Overprecision is the most robust type of overconfidence. We present a new method that significantly reduces this bias … and offers insight into its underlying cause. In three experiments, overprecision was significantly reduced by forcing …

Persistent link: https://www.econbiz.de/10008777048