Capital investment decisions with managerial overconfidence and regret aversion

This research investigated the potential effects of managerial overconfidence and regret aversion in a corporate capital investment context. Three fundamental decision problems are analysed: Project selection (accepting or rejecting a proposed investment), managerial effort, and project evaluation (...

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Bibliographic Details
Main Author: Klauss, Christopher Philipp
Other Authors: Fairchild, Richard ; Vass, Peter
Published: University of Bath 2006
Subjects:
Online Access:https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.428354