Overconfidence: Measuring Overconfidence in Financial Decision Making - Softcover

Esber, Miryam

 
9786202552899: 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 is a psychological aspect that is difficult to measure. Many aspects are considered, when choosing a measurement way. In this work, the two most common ways of measuring overconfidence will be compared: through two-set questions, and through the elicitation of confidence intervals. Some other unconventional methods are also presented. In the last section of this book, the criticism of the most common ways is discussed.

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Other Popular Editions of the Same Title

9786200327888: Overconfidence: Measuring Overconfidence in Financial Decision Making

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ISBN 10:  6200327882 ISBN 13:  9786200327888
Publisher: LAP LAMBERT Academic Publishing, 2019
Softcover