Abstract

This paper studies the influence of dark personality traits, machiavellianism, narcissism and psychopathy on several behavioral biases. Using survey data and a multiple linear regression framework, a relationship between the dark triad and home bias, overconfidence and herd mentality was found on a data set of 298 individuals. The relation is particularly pronounced for US nationals. US subjects with more pronounced dark traits are more vulnerable to overconfidence and herd mentality, but less affected by the home bias.

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