A Bibliographic Review of Illusion of Knowledge in the Financial Field

IF 0.4 Q4 ECONOMICS

Journal of Interdisciplinary Economics Pub Date : 2023-12-07 DOI:10.1177/02601079231179806

César Alexander Franco Moreno, Nuria Rodríguez-Priego, Federico Galán Valdivieso

{"title":"A Bibliographic Review of Illusion of Knowledge in the Financial Field","authors":"César Alexander Franco Moreno, Nuria Rodríguez-Priego, Federico Galán Valdivieso","doi":"10.1177/02601079231179806","DOIUrl":null,"url":null,"abstract":"People tend to believe that more information will improve the accuracy of predicting outcomes in highly uncertain situations. This behaviour, known as ‘illusion of knowledge,’ is related to overconfidence in multiple areas of study, and attracts scientific attention. The aim of this research is to determine the academic evolution of the illusion of knowledge within the financial field. For this purpose, two different methodologies have been used to generate a more solid contribution. The first part is based on the ReSiste-CSH bibliographic framework raised for the study of social sciences, and the second part uses the Bibliometrix software to measure the performance of the subject over time. The Web of Science academic database was used as a reference source for the period 1987–2021, resulting in a sample of 1,202 papers in highly impactful academic journals. The results show a positive evolution over time in the number of publications, as well as a geographical concentration in journals of the Q1 category from the United States and the United Kingdom, together with a close relationship with areas of study such as psychology, business and economics, among others. JEL Code: G41","PeriodicalId":42664,"journal":{"name":"Journal of Interdisciplinary Economics","volume":"64 2","pages":""},"PeriodicalIF":0.4000,"publicationDate":"2023-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Interdisciplinary Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1177/02601079231179806","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 0

Abstract

People tend to believe that more information will improve the accuracy of predicting outcomes in highly uncertain situations. This behaviour, known as ‘illusion of knowledge,’ is related to overconfidence in multiple areas of study, and attracts scientific attention. The aim of this research is to determine the academic evolution of the illusion of knowledge within the financial field. For this purpose, two different methodologies have been used to generate a more solid contribution. The first part is based on the ReSiste-CSH bibliographic framework raised for the study of social sciences, and the second part uses the Bibliometrix software to measure the performance of the subject over time. The Web of Science academic database was used as a reference source for the period 1987–2021, resulting in a sample of 1,202 papers in highly impactful academic journals. The results show a positive evolution over time in the number of publications, as well as a geographical concentration in journals of the Q1 category from the United States and the United Kingdom, together with a close relationship with areas of study such as psychology, business and economics, among others. JEL Code: G41

查看原文本刊更多论文

金融领域知识幻觉的文献综述

人们倾向于相信，在高度不确定的情况下，更多的信息会提高预测结果的准确性。这种行为被称为“知识幻觉”，与在多个研究领域的过度自信有关，并引起了科学界的关注。本研究的目的是确定知识幻觉在金融领域的学术演变。为此目的，使用了两种不同的方法来产生更可靠的贡献。第一部分是基于为社会科学研究而提出的resist - csh书目框架，第二部分使用Bibliometrix软件来衡量学科的长期表现。Web of Science学术数据库被用作1987-2021年期间的参考来源，产生了1202篇发表在极具影响力的学术期刊上的论文样本。结果显示，随着时间的推移，出版物数量呈积极发展趋势，美国和英国Q1类期刊的地理分布集中，以及与心理学、商业和经济学等研究领域的密切关系。JEL代码:G41

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Journal of Interdisciplinary Economics ECONOMICS-

CiteScore

1.40

自引率

0.00%

发文量

期刊介绍： The explosion of information and research that has taken place in recent years has had a profound effect upon a variety of existing academic disciplines giving rise to the dissolution of barriers between some, mergers between others, and the creation of entirely new fields of enquiry.