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Overconfidence. Review of its Economic Implications

Stefan Dietrich (Autor)

Buch | Softcover

24 Seiten

2018
GRIN Verlag
9783668695269 (ISBN)

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Essay from the year 2017 in the subject Psychology - Work, Business, Organisation, grade: 1,00, University of Mannheim, course: Behavioral Economics Seminar, language: English, abstract: Overconfidence is believed to be one of the most widespread behavioral biases. Empirical evidence supports this argument in many instances and differentiates between various forms and manifestations. Whether this is in sum economically negative for the individual or society remains unanswered in the literature. I analyze the economic implications of overconfidence based on recent research and connects them to reasons and viable solutions to overcome this bias in certain areas of the economic realm: consumer choices, market entry and decision making of firms, financial markets and bubbles.

Erscheinungsdatum	30.08.2018
Sprache	englisch
Maße	148 x 210 mm
Gewicht	49 g
Themenwelt	Geisteswissenschaften ► Psychologie ► Allgemeines / Lexika
Themenwelt	Geisteswissenschaften ► Psychologie ► Allgemeine Psychologie
Schlagworte	behavioraleconomics • Behavioral Economics • Overconfidence
ISBN-13	9783668695269 / 9783668695269
Zustand	Neuware