All is not lost that is delayed: overconfidence and investment outcomes

HIGHLIGHTS

  • who: André Betzer from the , Wuppertal, Germany, University of Mannheim, L, ‑2, Mannheim, Germany have published the Article: All is not lost that is delayed: overconfidence and investment outcomes, in the Journal: (JOURNAL)
  • what: The aim of the paper is to analyze whether this is indeed the case. The authors show that a positive relation between overconfidence and investment is also observed in the sample of SMEs. Because the manager's actions are likely to be determined by her own perceptions, the categorization is suitable for the purposes of the analysis .

SUMMARY

     

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