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Smooth Diagnostic Expectations

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Bianchi, Francesco, Ilut, Cosmin, Saijo, HikaruThe Institute of Social and Economic Research, Osaka University2024-07Institute of Social and Economic Research Discussion Papers1249p.1-55

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Subject HeadingDiagnostic expectations uncertainty learning overreaction overconfidence
Note (General)...leifer (2010), overreaction and confidence......rvey data: (1) overreaction of conditional......, (2) stronger overreaction for weaker sig......E accounts for overreaction and overconfidence in surveys...

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