Overconfidence leads investors to overestimate their forecasting abilities, which causes them to take excessive financial risks.

Authors

• Person: Not available Organization: EDC Paris Business School
  Behavioral finance: the impact of cognitive biases | EDC Paris ...

Sources

• Behavioral finance: the impact of cognitive biases | EDC Paris ... www.edcparis.edu EDC Paris Business School via serper

Referenced by nodes (1)

• overconfidence bias concept