An empirical evaluation of the overconfidence hypothesis
By Wen-I Chuang, Bong-Soo Lee. 2006
274 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
In Finance
- Raul Susmel
- Yuntao Yao
- Željko Šević
- Philip S. Yu
- Wen-I Chuang
- Dimitrios Kourtidis
- B. Fang
- Yunjia Zhang
Citations in the corpus
- Improving stock market prediction via heterogeneous information fusion (2017, background): “Previous research on psychological-overconfidence theory indicates that investors tend to overweight private information while ignoring public information [38].”
- Who is the more overconfident trader? Individual vs. institutional investors (2011, methodology): “Following Chuang and Lee (2006), we use two risk measures: firm-specific risk and return volatility.”
- Overconfidence in Psychology and Finance - An Interdisciplinary Literature Review (2008, unknown): “In addition, Chuang and Lee (2006) provide support for investors displaying a self-attribution bias (putting more weight on their forecasts that prove to be correct, and less on those that turn out wrong), for high market volatility being due to the presence of investor overconfidence, and for…”
- 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.”