Human Capital Accumulation and the Evolution of Overconfidence
This paper studies the evolution of overconfidence over a cohort’s working life. To do this, the paper incorporates subjective assessments into a continuous time human capital accumulation model with a finite horizon. The main finding is that the processes of human capital accumulation, skill deprec...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2020-10-01
|
| Series: | Games |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2073-4336/11/4/46 |