IMPACT OF OVERCONFIDENCE ON DIRECTORS DECISION MAKING
To take decisions under uncertainty in the organizational sector, is largely related to the behavior of the economy. The failures or achievements in the market have an impact on the operational strategies established by a company's executives. This article focuses the impact of overconfidence in decision making; this behavior affects the rationalization and analysis of the decisions that are going to be taken against a situation. Based on this, a reflexive analysis of the impact of overconfidence in the decision-making under the uncertainty by the company´s executives have been made.
Keyword: Overconfidence, decision making, bias, uncertainty, executive.