Overconfidence

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Overconfidence and War

Author : Dominic D. P. Johnson
Publisher : Harvard University Press
ISBN 13 : 0674039165
Total Pages : 289 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Overconfidence and War by : Dominic D. P. Johnson

Download or read book Overconfidence and War written by Dominic D. P. Johnson and published by Harvard University Press. This book was released on 2009-07-01 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Opponents rarely go to war without thinking they can win--and clearly, one side must be wrong. This conundrum lies at the heart of the so-called "war puzzle": rational states should agree on their differences in power and thus not fight. But as Dominic Johnson argues in Overconfidence and War, states are no more rational than people, who are susceptible to exaggerated ideas of their own virtue, of their ability to control events, and of the future. By looking at this bias--called "positive illusions"--as it figures in evolutionary biology, psychology, and the politics of international conflict, this book offers compelling insights into why states wage war. Johnson traces the effects of positive illusions on four turning points in twentieth-century history: two that erupted into war (World War I and Vietnam); and two that did not (the Munich crisis and the Cuban missile crisis). Examining the two wars, he shows how positive illusions have filtered into politics, causing leaders to overestimate themselves and underestimate their adversaries--and to resort to violence to settle a conflict against unreasonable odds. In the Munich and Cuban missile crises, he shows how lessening positive illusions may allow leaders to pursue peaceful solutions. The human tendency toward overconfidence may have been favored by natural selection throughout our evolutionary history because of the advantages it conferred--heightening combat performance or improving one's ability to bluff an opponent. And yet, as this book suggests--and as the recent conflict in Iraq bears out--in the modern world the consequences of this evolutionary legacy are potentially deadly.

Overconfidence and War

Author : Dominic D. P. Johnson
Publisher : Harvard University Press
ISBN 13 : 9780674015760
Total Pages : 288 pages
Book Rating : 4.0/5 (157 download)

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Book Synopsis Overconfidence and War by : Dominic D. P. Johnson

Download or read book Overconfidence and War written by Dominic D. P. Johnson and published by Harvard University Press. This book was released on 2004-10-29 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study offers insights into why states wage war and traces the effects of human tendency toward overconfidence through two turning points that erupted into war and two that did not.

Perfectly Confident

Author : Don A. Moore
Publisher : HarperCollins
ISBN 13 : 0062887777
Total Pages : 260 pages
Book Rating : 4.0/5 (628 download)

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Book Synopsis Perfectly Confident by : Don A. Moore

Download or read book Perfectly Confident written by Don A. Moore and published by HarperCollins. This book was released on 2020-05-26 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: An expert on the psychology of decision making at Berkeley’s Haas School of Business helps readers calibrate their confidence, arguing that some confidence is good, but overconfidence can hinder growth. A surge of confidence can feel fantastic—offering a rush of energy, even a dazzling vision of the future. It can give us courage and bolster our determination when facing adversity. But if that self-assurance leads us to pursue impossible goals, it can waste time, money, and energy. Self-help books and motivational speakers tell us that the more confident we are, the better. But this way of thinking can lead to enormous trouble. Decades of research demonstrates that we often have an over-inflated sense of self and are rarely as good as we believe. Perfectly Confident is the first book to bring together the best psychological and economic studies to explain exactly what confidence is, when it can be helpful, and when it can be destructive in our lives. Confidence is an attitude that takes into account both personal feelings and the facts. Don Moore identifies the ways confidence behaves in real life and raises thought-provoking questions. How optimistic should you be about an uncertain future? What justifies your confidence in something amorphous and subjective like your attractiveness or sense of humor? Moore reminds us that the key to success is to avoid being both over- and under-confident. In this essential guide, he shows how to become perfectly confident—how to strive for and maintain the well-calibrated, adaptive confidence that can elevate all areas of our lives.

Managerial Overconfidence: Different Thinking through Different Education

Author : Maximilian Margolin
Publisher : Anchor Academic Publishing (aap_verlag)
ISBN 13 : 3954896281
Total Pages : 82 pages
Book Rating : 4.9/5 (548 download)

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Book Synopsis Managerial Overconfidence: Different Thinking through Different Education by : Maximilian Margolin

Download or read book Managerial Overconfidence: Different Thinking through Different Education written by Maximilian Margolin and published by Anchor Academic Publishing (aap_verlag). This book was released on 2014-02-01 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: In literature, overconfidence has been blamed for economic bubbles and crises as well as for international conflicts and wars. While education has already been shown to impact one’s level of overconfidence previous research focused on the length and profoundness of education. This study, in contrast, examines the connection between overconfidence and the field in which a person has been educated. The issues covered are therefore how education and mind set are related, why a differentiation between “quantitative” and “qualitative” education makes sense in this context, and how different mind-sets influence an individual’s proneness to overconfidence. Drawing on the dual process concept of reasoning from psychology it is argued that the focus of one’s education may have an influence on individual levels of overconfidence through distinct ways of reasoning that are acquired and practiced during higher education. As support for this theory, data on the overconfidence of CEOs of the largest German companies is used and experiments for future research on this topic are suggested.

Overconfidence and Risk Taking in Foreign Policy Decision Making

Author : Imran Demir
Publisher : Springer
ISBN 13 : 3319526057
Total Pages : 148 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Overconfidence and Risk Taking in Foreign Policy Decision Making by : Imran Demir

Download or read book Overconfidence and Risk Taking in Foreign Policy Decision Making written by Imran Demir and published by Springer. This book was released on 2017-03-24 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces a new perspective on risk seeking behaviour, developing a framework based on various cognitive theories, and applying it to the specific case-study of Turkey’s foreign policy toward Syria. The author examines why policy makers commit themselves to polices that they do not have the capacity to deliver, and develops an alternative theoretical model to prospect theory in explaining risk taking behaviour based on the concept of overconfidence. The volume suggests that overconfident individuals exhibit risk seeking behaviour that contradicts the risk averse behaviour of individuals in the domain of gain, as predicted by prospect theory. Using a set of testable hypothesis deduced from the model, it presents an empirical investigation of the causes behind Turkish decision makers’ unprecedented level of risk taking toward the uprising in Syria and the consequences of this policy.

Overconfidence in SMEs

Author : Anna Invernizzi
Publisher : Springer
ISBN 13 : 3319669206
Total Pages : 94 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Overconfidence in SMEs by : Anna Invernizzi

Download or read book Overconfidence in SMEs written by Anna Invernizzi and published by Springer. This book was released on 2017-09-19 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a review of the role of overconfidence in small firms and explores how biased judgment and decision-making can affect business performance. Whilst the overconfidence construct has been studied in detail, there are no systematic reviews of its role in SMEs as of yet. Examining the decisions made by entrepreneurs, this study offers clear solutions on how to improve business accuracy, reduce disadvantageous investments and prevent bankruptcy. Providing an empirical analysis of overconfidence in the sport industry, this new book will not only be of interest to academics of entrepreneurship and small enterprises, but also to sport managers.

How Confidence Works

Author : Ian Robertson
Publisher : Random House
ISBN 13 : 1473579759
Total Pages : 320 pages
Book Rating : 4.4/5 (735 download)

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Book Synopsis How Confidence Works by : Ian Robertson

Download or read book How Confidence Works written by Ian Robertson and published by Random House. This book was released on 2021-06-03 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Brilliant ... it will change how you think about confidence.' Johann Hari 'Important for everyone but crucial for women.' Mary Robinson 'Interesting and important.' Steven Pinker __________ Why do boys instinctively bullshit more than girls? How do economic recessions shape a generation's confidence? Can we have too much confidence and, if so, what are the consequences? Imagine we could discover something that could make us richer, healthier, longer-living, smarter, kinder, happier, more motivated and more innovative. Ridiculous, you might say... What is this elixir? Confidence. If you have it, it can empower you to reach heights you never thought possible. But if you don't, it can have a devastating effect on your future. Confidence lies at the core of what makes things happen. Exploring the science and neuroscience behind confidence that has emerged over the last decade, clinical psychologist and neuroscientist Professor Ian Robertson tells us how confidence plays out in our minds, our brains and indeed our bodies. He explains where it comes from and how it spreads - with extraordinary economic and political consequences. And why it's not necessarily something you are born with, but something that can be learned.

Behavioral Economics and Its Applications

Author : Peter Diamond
Publisher : Princeton University Press
ISBN 13 : 1400829143
Total Pages : 331 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Behavioral Economics and Its Applications by : Peter Diamond

Download or read book Behavioral Economics and Its Applications written by Peter Diamond and published by Princeton University Press. This book was released on 2012-01-12 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last decade, behavioral economics, borrowing from psychology and sociology to explain decisions inconsistent with traditional economics, has revolutionized the way economists view the world. But despite this general success, behavioral thinking has fundamentally transformed only one field of applied economics-finance. Peter Diamond and Hannu Vartiainen's Behavioral Economics and Its Applications argues that behavioral economics can have a similar impact in other fields of economics. In this volume, some of the world's leading thinkers in behavioral economics and general economic theory make the case for a much greater use of behavioral ideas in six fields where these ideas have already proved useful but have not yet been fully incorporated--public economics, development, law and economics, health, wage determination, and organizational economics. The result is an attempt to set the agenda of an important development in economics--an agenda that will interest policymakers, sociologists, and psychologists as well as economists. Contributors include Ian Ayres, B. Douglas Bernheim, Truman F. Bewley, Colin F. Camerer, Anne Case, Michael D. Cohen, Peter Diamond, Christoph Engel, Richard G. Frank, Jacob Glazer, Seppo Honkapohja, Christine Jolls, Botond Koszegi, Ulrike Malmendier, Sendhil Mullainathan, Antonio Rangel, Emmanuel Saez, Eldar Shafir, Sir Nicholas Stern, Jean Tirole, Hannu Vartiainen, and Timothy D. Wilson.

Self-Knowledge for Humans

Author : Quassim Cassam
Publisher : OUP Oxford
ISBN 13 : 019103973X
Total Pages : 256 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis Self-Knowledge for Humans by : Quassim Cassam

Download or read book Self-Knowledge for Humans written by Quassim Cassam and published by OUP Oxford. This book was released on 2014-11-27 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human beings are not model epistemic citizens. Our reasoning can be careless and uncritical, and our beliefs, desires, and other attitudes aren't always as they ought rationally to be. Our beliefs can be eccentric, our desires irrational and our hopes hopelessly unrealistic. Our attitudes are influenced by a wide range of non-epistemic or non-rational factors, including our character, our emotions, and powerful unconscious biases. Yet we are rarely conscious of such influences. Self-ignorance is not something to which human beings are immune. In this book Quassim Cassam develops an account of self-knowledge which tries to do justice to these and other respects in which humans aren't model epistemic citizens. He rejects rationalist and other mainstream philosophical accounts of self-knowledge on the grounds that, in more than one sense, they aren't accounts of self-knowledge for humans. Instead he defends the view that inferences from behavioural and psychological evidence are a basic source of human self-knowledge. On this account, self-knowledge is a genuine cognitive achievement and self-ignorance is almost always on the cards. As well as explaining knowledge of our own states of mind, Cassam also accounts for what he calls 'substantial' self-knowledge, including knowledge of our values, emotions, and character. He criticizes philosophical accounts of self-knowledge for neglecting substantial self-knowledge, and concludes with a discussion of the value of self-knowledge. This book tries to do for philosophy what behavioural economics tries to do for economics. Just as behavioural economics is the economics of homo sapiens, as distinct from the economics of an ideally rational and self homo economics, so Cassam argues that philosophy should focus on the human predicament rather than on the reasoning and self-knowledge of an idealized homo philosophicus.

Heuristics and Biases

Author : Thomas Gilovich
Publisher : Cambridge University Press
ISBN 13 : 9780521796798
Total Pages : 884 pages
Book Rating : 4.7/5 (967 download)

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Book Synopsis Heuristics and Biases by : Thomas Gilovich

Download or read book Heuristics and Biases written by Thomas Gilovich and published by Cambridge University Press. This book was released on 2002-07-08 with total page 884 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, first published in 2002, compiles psychologists' best attempts to answer important questions about intuitive judgment.

Living the 7 Habits

Author : Stephen R. Covey
Publisher : Simon and Schuster
ISBN 13 : 068487119X
Total Pages : 341 pages
Book Rating : 4.6/5 (848 download)

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Book Synopsis Living the 7 Habits by : Stephen R. Covey

Download or read book Living the 7 Habits written by Stephen R. Covey and published by Simon and Schuster. This book was released on 1999 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the ten years since its publication, The 7 Habits of Highly Effective People has become a worldwide phenomenon, with more than twelve million readers in thirty-two languages. Living the 7 Habits: Stories of Courage and Inspiration captures the essence of people's real-life experiences, applying proven principles to help them solve their problems and overcome challenges. In this uplifting and riveting collection of stories, readers will find wonderful examples of hope and encouragement as they are touched by the words of real people and their experiences of change-change that got them through difficult times; change that solved family crises; change that mended broken relationships; change that turned their businesses around; change that influenced entire communities.

Principles of Forecasting

Author : J.S. Armstrong
Publisher : Springer Science & Business Media
ISBN 13 : 9780792374015
Total Pages : 880 pages
Book Rating : 4.3/5 (74 download)

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Book Synopsis Principles of Forecasting by : J.S. Armstrong

Download or read book Principles of Forecasting written by J.S. Armstrong and published by Springer Science & Business Media. This book was released on 2001 with total page 880 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook summarises knowledge from experts and empirical studies. It provides guidelines that can be applied in fields such as economics, sociology, and psychology. Includes a comprehensive forecasting dictionary.

Tennis

Author : Jim Brown
Publisher : Human Kinetics
ISBN 13 : 9780736053631
Total Pages : 180 pages
Book Rating : 4.0/5 (536 download)

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Book Synopsis Tennis by : Jim Brown

Download or read book Tennis written by Jim Brown and published by Human Kinetics. This book was released on 2004 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Outlines a twelve-step program for becoming an accomplished tennis player, providing 117 drills to help in game development and including drawings that illustrate proper tennis strokes and strategies.

The Oxford Handbook of Economic Conflict Resolution

Author : Gary E. Bolton
Publisher : Oxford University Press
ISBN 13 : 0199730857
Total Pages : 419 pages
Book Rating : 4.1/5 (997 download)

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Book Synopsis The Oxford Handbook of Economic Conflict Resolution by : Gary E. Bolton

Download or read book The Oxford Handbook of Economic Conflict Resolution written by Gary E. Bolton and published by Oxford University Press. This book was released on 2012-10-11 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: Individuals, groups, and societies all experience and resolve conflict. In this handbook, scholars from multiple disciplines offer perspectives on the current state and future challenges in negotiation and conflict resolution. This confluence of research perspectives will identify further synergies and advances in our understanding of conflict resolution.

The Wiley Blackwell Handbook of Judgment and Decision Making, 2 Volume Set

Author : Gideon Keren
Publisher : John Wiley & Sons
ISBN 13 : 1118468392
Total Pages : 1056 pages
Book Rating : 4.1/5 (184 download)

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Book Synopsis The Wiley Blackwell Handbook of Judgment and Decision Making, 2 Volume Set by : Gideon Keren

Download or read book The Wiley Blackwell Handbook of Judgment and Decision Making, 2 Volume Set written by Gideon Keren and published by John Wiley & Sons. This book was released on 2016-02-16 with total page 1056 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive, up-to-date examination of the most important theory, concepts, methodological approaches, and applications in the burgeoning field of judgment and decision making (JDM) Emphasizes the growth of JDM applications with chapters devoted to medical decision making, decision making and the law, consumer behavior, and more Addresses controversial topics from multiple perspectives – such as choice from description versus choice from experience – and contrasts between empirical methodologies employed in behavioral economics and psychology Brings together a multi-disciplinary group of contributors from across the social sciences, including psychology, economics, marketing, finance, public policy, sociology, and philosophy 2 Volumes

Judgment Under Uncertainty

Author : Daniel Kahneman
Publisher : Cambridge University Press
ISBN 13 : 9780521284141
Total Pages : 574 pages
Book Rating : 4.2/5 (841 download)

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Book Synopsis Judgment Under Uncertainty by : Daniel Kahneman

Download or read book Judgment Under Uncertainty written by Daniel Kahneman and published by Cambridge University Press. This book was released on 1982-04-30 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thirty-five chapters describe various judgmental heuristics and the biases they produce, not only in laboratory experiments, but in important social, medical, and political situations as well. Most review multiple studies or entire subareas rather than describing single experimental studies.

Attention and Performance Viii

Author : R. S. Nickerson
Publisher : Psychology Press
ISBN 13 : 1317770129
Total Pages : 849 pages
Book Rating : 4.3/5 (177 download)

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Book Synopsis Attention and Performance Viii by : R. S. Nickerson

Download or read book Attention and Performance Viii written by R. S. Nickerson and published by Psychology Press. This book was released on 2014-01-14 with total page 849 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1980. This is a volume of the proceedings of the Eighth International Symposium on Attention and Performance held in Princeton, New Jersey, USA, from August 20th to 25th 1978.