Cari, Alessandro (A.A. 2022/2023) Overconfidence and risk perception: empirical analysis on the correlation between overconfidence and manipulation of cash flows. Tesi di Laurea in Advanced corporate finance, Luiss Guido Carli, relatore Pierluigi Murro, pp. 104. [Master's Degree Thesis]

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Abstract/Index

From neoclassicists to behavioral finance. Prospect theory. Practical consequences of the shift of the paradigm for capital market participants. Behavioral finance: biases and heuristic. Debiasing. Prospect theory factor: framing effect. Emotions and impact on choices. Loss aversion. Introduction to overconfidence. Interrelationships between overconfidence and excessive optimism. Measurements of overconfidence. Factors influencing overconfidence. Findings from research. Overconfidence, and the risk-taking behavior of finance professionals. Optimistic managers destroy firm value. Introduction of empirical research. Assumptions, methodology and measures used in the analysis.

References

Bibliografia e sitografia: pp. 87-90.

Thesis Type:	Master's Degree Thesis
Institution:	Luiss Guido Carli
Degree Program:	Master's Degree Programs > Master's Degree program in Corporate Finance, English language (LM-77)
Chair:	Advanced corporate finance
Thesis Supervisor:	Murro, Pierluigi
Thesis Co-Supervisor:	Vulpiani, Marco
Academic Year:	2022/2023
Session:	Summer
Deposited by:	Alessandro Perfetti
Date Deposited:	16 Jan 2024 11:31
Last Modified:	16 Jan 2024 11:31
URI:	https://tesi.luiss.it/id/eprint/37567

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