Overconfidence bias occurs when investors have an inflated sense of their own expertise in choosing lucrative investments, often triggered by a single successful investment experience.

Authors

• Person: Not available Organization: University of Texas Permian Basin
  The Role of Behavioral Economics in Investment Decision-Making

Sources

• The Role of Behavioral Economics in Investment Decision-Making online.utpb.edu University of Texas Permian Basin via serper

Referenced by nodes (2)

• overconfidence bias concept
• investments concept