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relationship between one of the managerial biases, overconfidence and dividend policy. Previous research investigating the … relationship between overconfidence and financial decisions has studied investment, financing decisions and firm values. However …, there are only a few exceptions to examine how a managerial emotional bias (optimism, loss aversion and overconfidence …
Persistent link: https://www.econbiz.de/10010734000
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entrepreneurs, managers and employees on a comprehensive set of measures of optimism and overconfidence (n = 2,058). The results … when bad events occur. For incentivized measures of overconfidence we find no difference between entrepreneurs and managers … than successful managers. We conclude that optimism and overconfidence are indeed characteristics of entrepreneurs, but …
Persistent link: https://www.econbiz.de/10011378220
Persistent link: https://www.econbiz.de/10012609176
entrepreneurs, managers and employees on a comprehensive set of measures of optimism and overconfidence (n = 2,058). The results … when bad events occur. For incentivized measures of overconfidence we find no difference between entrepreneurs and managers … than successful managers. We conclude that optimism and overconfidence are indeed characteristics of entrepreneurs, but …
Persistent link: https://www.econbiz.de/10011403578
information leads people to choose tasks that raise expected output, however extreme overconfidence leads people to undertake … tasks that are excessively challenging. Consistent with our results, psychologists have found that moderate overconfidence …
Persistent link: https://www.econbiz.de/10005039646
How does overconfidence arise and persist in the face of experience and feedback? We examine experimentally how … overconfidence in non-ego-relevant beliefs---in this case, about others' scores. Unlike previous studies of relative performance … persistence of overconfidence. …
Persistent link: https://www.econbiz.de/10010678013
overconfidence with laboratory economic measures of individual valuations of uncertainty. We examine the valuations of risky and …) competence, the perception of feeling knowledgeable or competent in an area and 2) overconfidence, the well documented result …-sided ambiguity and pure risk. Our results show a significant relationship between individual overconfidence and competence measures …
Persistent link: https://www.econbiz.de/10001727835
, regret and cognitive dissonance, anchoring, mental compartments, overconfidence, over- and under-reaction, representativeness …
Persistent link: https://www.econbiz.de/10014024220
Persistent link: https://www.econbiz.de/10015158125