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Financial Literacy Overconfidence and Stock Market Participation
16 references·16 citing·48 second hopsampled
Financial Literacy Overconfidence and Stock Market Participation (2014)Financial Literacy Overconfidence and Sto…Changes in U.S. Family Finances from 2007 to 2010: Evidence from the Survey of Consumer Finances (2012)Changes in U.S. Family Financ…IQ and Stock Market Participation (2011)IQ and Stock Market Participa…Sensation Seeking, Overconfidence, and Trading Activity (2009)Sensation Seeking, Overconfid…Who makes acquisitions? CEO overconfidence and the market's reaction☆ (2008)Who makes acquisitions? CEO o…The trouble with overconfidence. (2008)The trouble with overconfiden…Financial Literacy and Stock Market Participation (2007)Financial Literacy and Stock …Investor Overconfidence and Trading Volume (2006)Investor Overconfidence and T…Household Finance (2006)Household FinanceFinancial and Legal Constraints to Growth: Does Firm Size Matter? (2005)Financial and Legal Constrain…Consumption and Portfolio Choice over the Life Cycle (2005)Consumption and Portfolio Cho…CEO Overconfidence and Corporate Investment (2005)CEO Overconfidence and Corpor…Social Interaction and Stock‐Market Participation (2004)Social Interaction and Stock‐…Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)Boys will be Boys: Gender, Ov…Overconfidence and Excess Entry: An Experimental Approach (1999)Overconfidence and Excess Ent…Why do so Few Hold Stocks? (1995)Why do so Few Hold Stocks?Illusion and well-being: A social psychological perspective on mental health. (1988)Illusion and well-being: A so…Financial literacy, confidence and well-being: The mediating role of financial behavior (2024)Financial literacy, confidenc…The role of financial literacy for financial resilience in middle-age and older adulthood (2022)The role of financial literac…RETRACTED: An empirical assessment of financial literacy and behavioral biases on investment decision: Fresh evidence from small investor perception (2022)RETRACTED: An empirical asses…Overconfidence and the adoption of robo-advice: why overconfident investors drive the expansion of automated financial advice (2022)Overconfidence and the adopti…Investor confidence and high financial literacy jointly shape investments in risky assets (2022)Investor confidence and high …The medium is the message: Learning channels, financial literacy, and stock market participation (2021)The medium is the message: Le…Impact of Financial Literacy and Behavioural Biases on Investment Decision-making (2021)Impact of Financial Literacy …Financial Knowledge, Confidence, and Sustainable Financial Behavior (2021)Financial Knowledge, Confiden…Financial capability and wellbeing of vulnerable consumers (2021)Financial capability and well…Does financial literacy reduce financial fragility during COVID-19? The moderation effect of psychological, economic and social factors (2021)Does financial literacy reduc…Assessing gender gaps in financial knowledge and self-confidence: Evidence from international data (2021)Assessing gender gaps in fina…The Effects of Financial Literacy Overconfidence on the Mortgage Delinquency of US Households (2019)The Effects of Financial Lite…Financial literacy, housing value and household financial market participation: Evidence from urban China (2019)Financial literacy, housing v…Subjective financial literacy and retail investors’ behavior (2018)Subjective financial literacy…Financial literacy in Brazil – do knowledge and self-confidence relate with behavior? (2018)Financial literacy in Brazil …Financial Inclusion in China: Use of Credit (2017)Financial Inclusion in China:…Finance and Growth: Schumpeter Might Be Right (1993)Financial Dependence and Growth (1996)Law and Finance (1998)SMEs, Growth, and Poverty: Cross-Country Evidence (2005)Access to Financial Services: A Review of the Issues and Public Policy Objectives (2006)Firm Innovation in Emerging Markets: The Role of Finance, Governance, and Competition (2011)Unrealistic optimism about future life events. (1980)The Hubris Hypothesis of Corporate Takeovers (1986)A Cognitive Hierarchy Model of Games (2004)Lab Experiments Are a Major Source of Knowledge in the Social Sciences (2009)Social comparison, social media, and self-esteem. (2014)The Standard Edition of the Complete Psychological Works of Sigmund Freud (1953)The CES-D Scale (1977)Social Learning Theory. 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(2012)Trusting the Stock Market (2005)Baby Boomer retirement security: The roles of planning, financial literacy, and housing wealth (2007)Financial literacy around the world: an overview (2011)Financial Literacy, Financial Education, and Downstream Financial Behaviors (2014)The Economic Importance of Financial Literacy: Theory and Evidence (2014)Society and the Adolescent Self-Image (1965)Judgment under Uncertainty: Heuristics and Biases (1975)Unskilled and unaware of it: How difficulties in recognizing one's own incompetence lead to inflated self-assessments. (1999)Algorithm Aversion: People Erroneously Avoid Algorithms after Seeing Them Err (2014)Algorithm appreciation: People prefer algorithmic to human judgment (2019)Resource-rational analysis: Understanding human cognition as the optimal use of limited computational resources (2019)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)A review of tax research (2010)Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?* (2011)Making democracy work: civic traditions in modern Italy (1993)Bowling Alone: America's Declining Social Capital (1995)The Role of Social Capital in Financial Development (2004)The price of sin: The effects of social norms on markets (2009)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)Gender Differences in Preferences (2009)Women in the boardroom and their impact on governance and performance☆ (2009)The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior (2001)
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References

  • 1988Illusion and well-being: A social psychological perspective on mental health.7,808 cited
  • 2001Boys will be Boys: Gender, Overconfidence, and Common Stock Investment5,215 cited
  • 2005CEO Overconfidence and Corporate Investment3,686 cited
  • 2007Financial Literacy and Stock Market Participation3,545 cited
  • 2008Who makes acquisitions? CEO overconfidence and the market's reaction☆2,763 cited
  • 2005Financial and Legal Constraints to Growth: Does Firm Size Matter?2,515 cited
  • 2006Household Finance2,391 cited
  • 2008The trouble with overconfidence.2,347 cited
  • 1999Overconfidence and Excess Entry: An Experimental Approach2,226 cited
  • 2004Social Interaction and Stock‐Market Participation1,826 cited
  • 2005Consumption and Portfolio Choice over the Life Cycle1,544 cited
  • 1995Why do so Few Hold Stocks?1,078 cited
  • 2006Investor Overconfidence and Trading Volume975 cited
  • 2009Sensation Seeking, Overconfidence, and Trading Activity822 cited
  • 2011IQ and Stock Market Participation717 cited
  • 2012Changes in U.S. Family Finances from 2007 to 2010: Evidence from the Survey of Consumer Finances

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667 cited

Cited by

  • 2018Subjective financial literacy and retail investors’ behavior142 cited
  • 2021Impact of Financial Literacy and Behavioural Biases on Investment Decision-making132 cited
  • 2019Financial literacy, housing value and household financial market participation: Evidence from urban China120 cited
  • 2018Financial literacy in Brazil – do knowledge and self-confidence relate with behavior?108 cited
  • 2021The medium is the message: Learning channels, financial literacy, and stock market participation77 cited
  • 2022RETRACTED: An empirical assessment of financial literacy and behavioral biases on investment decision: Fresh evidence from small investor perception74 cited
  • 2017Financial Inclusion in China: Use of Credit74 cited
  • 2021Does financial literacy reduce financial fragility during COVID-19? The moderation effect of psychological, economic and social factors68 cited
  • 2022Overconfidence and the adoption of robo-advice: why overconfident investors drive the expansion of automated financial advice65 cited
  • 2021Assessing gender gaps in financial knowledge and self-confidence: Evidence from international data63 cited
  • 2021Financial Knowledge, Confidence, and Sustainable Financial Behavior63 cited
  • 2022The role of financial literacy for financial resilience in middle-age and older adulthood62 cited
  • 2021Financial capability and wellbeing of vulnerable consumers61 cited
  • 2019The Effects of Financial Literacy Overconfidence on the Mortgage Delinquency of US Households60 cited
  • 2022Investor confidence and high financial literacy jointly shape investments in risky assets58 cited
  • 2024Financial literacy, confidence and well-being: The mediating role of financial behavior58 cited