haku: @indexterm Market Research / yhteensä: 2057
viite: 12 / 2057
| 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