Convegni e Seminari
Kore Seminars in Business and Economics (Seminars-KoreBE) are a series of monthly research seminars, organised by the Committees of the Courses in Business Economics and in Business and Management of the Faculty of Economics and Law. The series hosts presentations by both internal academic staff and external research scholars of brand new papers on multidisciplinary topics related to the subjects of the same courses. Presentations are expected to be of 30 minutes, followed by 15 minutes of questions and discussion. The series offers to the interested speakers the opportunity of publishing their paper on the KoreBE Working Paper series, available on-line on the we-site of the Faculty.
KoreBE seminars will take place at the premises of the Faculty of Economics and Law of the Kore University, located in Cittadella Universitaria, 94100 Enna (Italy). Attendance to the seminars is open. However, for the sake of a better organization, interested participants are warmly invited to announce their presence by sending an email to the email address: email@example.com
19/03/2019 ore 14:00 Prof. Marco Savioli
Overconfidence Matters, Over Optimism Doesn’t. Behavioral Biases and Entrepreneurial Under-Diversification
Entrepreneurs often overinvest in their companies, overexposing themselves to idiosyncratic risk. We propose a theoretical model based on overconfidence and over optimism to explain why they do so. Simulation analyses and empirical tests, based on a unique dataset including private information on Italian entrepreneurs, show a stronger role for overconfidence than over optimism in determining entrepreneurs’ portfolio allocations.