Overconfidence: Measuring Overconfidence in Financial Decision Making - Softcover

Esber, Miryam

 
9786200327888: Overconfidence: Measuring Overconfidence in Financial Decision Making

Synopsis

Many studies have shown that overconfidence can explain the irrational behavior of investors in financial markets. However, Overconfidence isn`t just a number that can be measured easily. Many psychological aspects are considered when choosing a measurement way. In this work, the two most common ways of measurement of overconfidence will be compared: through two-set questions, and through the elicitation of confidence intervals. Some other unconventional measurement methods are also presented. Various studies have also criticized the common measurement methods, so that is also going to be mentioned in the book.

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Other Popular Editions of the Same Title

9786202552899: Overconfidence: Measuring Overconfidence in Financial Decision Making

Featured Edition

ISBN 10:  6202552891 ISBN 13:  9786202552899
Publisher: LAP LAMBERT Academic Publishing, 2020
Softcover