13. Overconfidence

  1. H. Kent Baker and
  2. John R. Nofsinger
  1. Markus Glaser1 and
  2. Martin Weber2

Published Online: 29 NOV 2011

DOI: 10.1002/9781118258415.ch13

Behavioral Finance: Investors, Corporations, and Markets

Behavioral Finance: Investors, Corporations, and Markets

How to Cite

Glaser, M. and Weber, M. (2010) Overconfidence, in Behavioral Finance: Investors, Corporations, and Markets (eds H. K. Baker and J. R. Nofsinger), John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118258415.ch13

Author Information

  1. 1

    Professor of Business Administration, University of Konstanz

  2. 2

    Professor of Business Administration, University of Mannheim

Publication History

  1. Published Online: 29 NOV 2011
  2. Published Print: 20 SEP 2010

ISBN Information

Print ISBN: 9780470499115

Online ISBN: 9781118258415

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Keywords:

  • overconfidence;
  • business source premier;
  • decision analysis;
  • miscalibration;
  • stock price prediction

Summary

This chapter contains sections titled:

  • Introduction

  • The Basic Facets of Overconfidence

  • Overconfidence in Finance Models

  • Factors Influencing the Degree of Overconfidence, Individual Differences, and Explanations

  • Application in Finance: The Effects of Overconfidence on Behavior and Market Outcomes

  • Summary and Conclusions

  • Discussion Questions

  • About the Authors