haku: @indexterm trading / yhteensä: 175
viite: 22 / 175
Tekijä: | Deaves, R. Lüders, E. Luo, G.Y. |
Otsikko: | An experimental test of the impact of overconfidence and gender on trading activity |
Lehti: | Review of finance
2009 : VOL 13:3 p. 555-575 |
Asiasana: | trading behavioural science psychology market research canada germany gender |
Vapaa asiasana: | overconfidence |
Kieli: | eng |
Tiivistelmä: | The results of an asset market experiment are presented in this paper; it is investigated whether overconfidence induces trading. Three manifestations of overconfidence are studied: calibration-based overconfidence, the-better-than-average effect and illusion of control. It is found that calibration-based overconfidence does engender additional trade, though the better-than average also appears to play a role. This is true both at the level of individual and also at the level of the market. There is little evidence that gender influences trading activity. |
SCIMA