Why Entrepreneur Overconfidence Affect its Project Financial Capability: Evidence from Tunisia Using the Bayesian Network Method
Why Entrepreneur Overconfidence Affect its Project Financial Capability: Evidence from Tunisia Using the Bayesian Network Method
Author(s): Salima Taktak, Mohamed Ali Azouzi, Mohamed Bilel TrikiSubject(s): Economy, Business Economy / Management, Micro-Economics, Human Resources in Economy
Published by: Facultatea de Management, Academia de Studii Economice din Bucuresti
Keywords: Overconfidence; Behavioral biases; Entrepreneurship; Funding decision; Bayesian networks;
Summary/Abstract: This article discusses the effect of the entrepreneur’s profile on financing his creative project. It analyzes the impact of overconfidence on improving perceptions financing capacity of the project. To analyze this relationship we used networks as Bayesian data analysis method. Our sample is composed of 200 entrepreneurs. Our results show a high level of entrepreneur’s overconfidence positively affects the evaluation of financing capacity of the project.
Journal: Business Excellence and Management
- Issue Year: 3/2013
- Issue No: 2
- Page Range: 61-84
- Page Count: 24
- Language: English
