We propose a novel approach to evaluating the empirical importance of individual managerial characteristics: We analyze different managerial positions (CEO and CFO) jointly and ask whether a managerial bias (overconfidence) matters for decisions under the control of the manager, but not for decisions outside the manager’s core duties. Using a new data set on CEO and CFO overconfidence, we show ...

This document lists relevant literature for the DSTC Spectrum project on Trust Management in Open Computer Networks. 1 The Concept of Trust

We are all far more concerned with our appearance than we’d probably like to admit. It’s not vanity. Vanity implies pride. No, we’re concerned. Concerned we’re too thin or overweight. Concerned our hair is too fizzy, too greasy, or that it never sits right. We’re concerned about pimples, blackheads, dry or oily skin. Our clothes aren’t flattering. There’s always someone who looks better than we...

by RIChARd KENdALL The current state of housing for the United States’ Hispanic population is not halagüeño; that is, it is not flattering, and its outlook is promising only to the extent that there is so much room for improvement that progress must be but inevitable. However, anything short of sustained advances in homeownership rates and marked improvements in living conditions for both Latin...

Much of the evidence on managerial biases in corporate finance focuses CEO and, particular, overconfidence. This singular focus can lead to misattribution as it ignores roles other managers who are responsible for a given outcome. We evaluate influence CFO and C-suite executives compared with CEO. Mirroring widely used Longholder measure overconfidence, we construct Other measures. For financin...