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The Prospect of Rosy Investment Forecasts

für 44.10€ kaufen ··· 9783844300444 ··· 10361112980 ···
There is substantial evidence that forecasts made by professionals in a variety of fields display a bias that suggests overconfidence or optimism. This paper investigates EU survey data on investment growth forecasts. A review of the existing literature finds a plethora of behavioral reasons for the biases. Consequently, this paper decides to use the Prospect Theory as an explanatory framework. A hypothesis is developed that links the forecasting bias to asymmetric behavior between potential gains and losses as well as risk-seeking and risk-averse behavior among forecasters. It is due to this behavior that actual investments do not equal planned investments, resulting in a positive bias.
Hersteller: LAP Lambert Academic Publishing
Marke: LAP Lambert Academic Publishing
EAN: 9783844300444
Kat: Hardcover/Sozialwissenschaften, Recht, Wirtschaft/Wirtschaft
Lieferzeit: Sofort lieferbar
Versandkosten: Ab 20¤ Versandkostenfrei in Deutschland
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5: Ab 20¤ Versandkostenfrei in Deutschland
6: LAP Lambert Academic Publishing
7: The Prospect of Rosy Investment Forecasts
:::: Hardcover/Sozialwissenschaften, Recht, Wirtschaft/Wirtschaft
···· Rheinberg-Buch.de - Bücher, eBooks, DVD & Blu-ray
···· aufgenommen: 09.10.2020 · 05:06:42
···· & überprüft: 12.11.2020 · 23:02:58
: Prospect : Investment : Forecasts :

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