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Explain the empiricalapproach to measure managerial overconfidence. Also, explain the underlying reasons/mechanisms why it works (Your answer must be no more than 100 words. Your

Explain the empiricalapproach to measure managerial overconfidence. Also, explain the underlying reasons/mechanisms why it works (Your answer must be no more than 100 words. Your mark will be penalized for exceeding 100 words limit).

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