The Internet and the Investor

By Brad M. Barber, Terrance Odean. 2001

447 citations recorded by the source corpus.

Subfields: Clinical Psychology, Finance, Marketing

View Paper: https://www.semanticscholar.org/paper/0dc5339c6e6701ed6f7596a361024086905f9400

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Clinical Psychology

1. Nikolaos D. Vlastakis
2. Raphael N. Markellos
3. Nicholas H. Lurie

In Finance

1. John Fry
2. Željko Šević
3. Nikolaos D. Vlastakis
4. Eng-Tuck Cheah
5. Jayashankar M. Swaminathan
6. Dimitrios Kourtidis
7. Dennis A. V. Dittrich
8. Boris Maciejovsky

In Marketing

1. Jayashankar M. Swaminathan
2. Eng-Tuck Cheah
3. John Fry
4. W. Gueth
5. Nicholas H. Lurie
6. Genovefa Kefalidou
7. Jill G. Griffin
8. Susan M. Broniarczyk

Citations in the corpus

• Overconfidence in investment decisions: An experimental approach (2005, background): “Two recent empirical investigations support the importance of psychological factors on financial decision making: Barber and Odean (2001b) study the performance of investors who switched from phone-based trading to internet trading, and show that investors’ performance decreased after going online”
• Is timely information always better? The effect of feedback frequency on decision making ☆ (2009, background): “For example, Barber and Odean (2000, 2001) found that investors who trade more frequently, or online, have lower performance.”
• Digital Finance and FinTech: current research and future research directions (2017, unknown): “This can lead to imprudent decisions and self-directed trading, and can cause overconfidence regarding own abilities and competence (Barber and Odean 2001, 2002).”
• Negative bubbles and shocks in cryptocurrency markets (2016, background): “Even before the 2008 crisis one dramatic unintended consequence of the increased computerisation of financial markets described above was increased speculation and volatility (Barber and Odean, 2001).”
• Fear, Social Projection, and Financial Decision Making (2011, unknown): “The number of individual investors who trade stocks online has significantly increased in recent years.”
• The Role of Feelings in Investor Decision-Making (2005, unknown): “For example, Barber and Odean (2001) find that an investor using the Internet to gather information to make an investment decision has access to over three billion pieces of information. Damasio’s (1994) research suggests how emotions help us focus on certain information. He argues that we have emot”
• Investors’ trading activity: A behavioural perspective and empirical results (2011, background): “Barber and Odean (2001a) and Chuang and Lee (2006) argue that overconfident investors underestimate risk and trade more in riskier securities.”
• Investor Attention and FX Market Volatility (2015, unknown): “Barber and Odean (2008) find individual investors are net buyers of attention grabbing stocks, such as those in the news, having higher abnormal trading volume, or having extreme one day returns.”
• Information Demand and Stock Market Volatility (2012, background): “Barber and Odean (2001) argue that, as people resort to online brokerage firms, they are deprived of the professional advice they received in traditional firms, but at the same time are unwilling to pay for such services. The reason they provide for this behavior is that people tend to rely more on ”