Benoît, Jean-Pierre and Dubra, Juan and Moore, Don (2008): A proper test of overconfidence.
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In this paper we conduct two proper tests of overconfidence. We reject the hypothesis "the data cannot be generated by a rational model" in both experiments.
|Item Type:||MPRA Paper|
|Original Title:||A proper test of overconfidence|
|Keywords:||Overconfidence; Better than Average; Experimental Economics; Irrationality; Signalling Models|
|Subjects:||D - Microeconomics > D1 - Household Behavior and Family Economics > D11 - Consumer Economics: Theory
D - Microeconomics > D1 - Household Behavior and Family Economics > D12 - Consumer Economics: Empirical Analysis
D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D82 - Asymmetric and Private Information; Mechanism Design
D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D83 - Search; Learning; Information and Knowledge; Communication; Belief
|Depositing User:||Juan Dubra|
|Date Deposited:||07. Dec 2008 07:47|
|Last Modified:||12. Feb 2013 17:08|
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