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. Using an experiment with online workers, we find that subjects choose the risky lottery rather than a sure payment …
Persistent link: https://www.econbiz.de/10011994857
oder für andere Personen. Wir verwenden ein „within-subjects“ für unser Experiment, bei dem Vermögensverwalter in …
Persistent link: https://www.econbiz.de/10010519127
We experimentally test overconfidence in investment decisions by offering participants the possibility to substitute … asset, the other with two risky assets. Overconfidence increases (i) with the absolute deviation from optimal choices, (ii …
Persistent link: https://www.econbiz.de/10011408444
-informed others. This paper presents a controlled experiment showing that this "curse of knowledge" can cause comparative … overconfidence and overentry into competition. In a broader context, the results provide an explanation for the overconfidence of …
Persistent link: https://www.econbiz.de/10010403249
We propose a model of instrumental belief choice under loss aversion. When new information arrives, an agent is prompted to abandon her prior. However, potential posteriors may induce her to take actions that generate a lower utility in some states than actions induced by her prior. These losses...
Persistent link: https://www.econbiz.de/10011557745
This study examines gender differences in overconfidence and decision-making in a high-stakes environment. Using data … average, are less likely than men to overestimate their ability. This result is robust to different measures of overconfidence … overconfidence. In terms of performance, results suggest that women suffer more from overconfidence than men. …
Persistent link: https://www.econbiz.de/10012295922
This study examines gender differences in overconfidence and decision-making in a high-stakes environment. Using data … average, are less likely than men to overestimate their ability. This result is robust to different measures of overconfidence … overconfidence. In terms of performance, results suggest that women suffer more from overconfidence than men. …
Persistent link: https://www.econbiz.de/10012435516
Persistent link: https://www.econbiz.de/10001801007
We review two fundamentally different ways that decision time is related to cooperation. First, studies have experimentally manipulated decision time to understand how cooperation is related to the use of intuition versus deliberation. Current evidence supports the claim that time pressure (and,...
Persistent link: https://www.econbiz.de/10014113978
experiment exploring how these findings transfer to a non-cooperative setting. We find two major results: (i) promoting intuition …
Persistent link: https://www.econbiz.de/10013028985