We also propose that overestimating one's credit rating may negatively affect responsible financial decision making.
H2: There is negative relationship between overestimating one's credit rating and financial knowledge.
H3: There is a negative relationship between overestimating one's credit rating and formal financial education.
We also examine the effects of overestimating one's credit rating on behavioral outcomes.
Portland, Oregon has studied the effects of overestimating
emissions and realized the benefits of critically evaluating its emission estimates.
Now the dwarves were overestimating
how much they were going to spend because their projections were bound to get cut back.
With the Federal Reserve interest rate at five percent, overestimating
cash needs is no longer an error on the side of safety, but an opportunity cost," said Douglas Ceto, executive vice president of Ceto and Associates.
Now scientists believe this could be down to an evolutionary trait, which tricks men into overestimating
the value of their looks to prevent them from missing a mating opportunity.
When the forecasts are separated into those made in the current year and those made in the previous year, it can be seen that the overly optimistic GDP forecasts were due primarily to overestimating
GDP growth in the forecasts made the previous year (see Diagrams 15 and 16).
Americans today are at greater risk of underestimating life expectancy and overestimating
their assets," comments Boscow.
Based on limited information provided by DWR, PG&E's analysis indicates that DWR has padded its revenue requirement for 2001-2002 by more than $3 billion due to overestimating
the cost for spot power purchases and natural gas.
Parents are also accurately estimating or even overestimating
tuition and expenses for when their children reach college age, according to the survey.