About this document
Overconfidence in Behavioral Finance by sourav is a document available to read on EtoBox.
- Overconfidence is a bias that can have both positive and negative effects. It drives entrepreneurship but can also lead to poor financial decisions. - Studies show that most people view themselves as above-average drivers, and men and younger people tend to be more overconfident. Excessive trading based on overconfidence often leads to lower returns. - Overconfidence can also negatively impact corporations when executives underestimate timelines, overestimate returns, take on too much risk or debt, a
- Author
- sourav
- Language
- EN