Overconfidence bias occurs when individuals overestimate their knowledge or ability to predict market outcomes, which can lead to risky investments or poor financial planning.

Authors

• Person: Dr. Dawn M. Carpenter Organization: LinkedIn
  Mind Over Money: Behavioral Economics and Financial Decision ...

Sources

• Mind Over Money: Behavioral Economics and Financial Decision ... www.linkedin.com Dr. Dawn M. Carpenter · LinkedIn via serper

Referenced by nodes (2)

• overconfidence bias concept
• financial planning concept