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Does Overconfidence Bias Explain Volatility During the Global Financial Crisis?
15 references·8 citing·50 second hopsampled
Does Overconfidence Bias Explain Volatility During the Global Financial Crisis? (2012)Does Overconfidence Bias Explain Volatili…Financial Markets in East Asia and Europe during the Global Financial Crisis (2011)Financial Markets in East Asi…How Psychological Pitfalls Generated the Global Financial Crisis (2009)How Psychological Pitfalls Ge…The subprime crisis and its consequences (2008)The subprime crisis and its c…Financial Crises and Bank Liquidity Creation (This is an OLD WP that has been split into 2 parts: (1) How does Capital affect Bank Performance during Financial Crises (JFE, July 2013); and (2) Bank Liquidity Creation, Monetary Policy, and Financial Crises (WP 2012)) (2008)Financial Crises and Bank Liq…An empirical evaluation of the overconfidence hypothesis (2006)An empirical evaluation of th…Autoregresive conditional volatility, skewness and kurtosis (2005)Autoregresive conditional vol…Learning to Be Overconfident (2001)Learning to Be OverconfidentThe information content of stock markets: why do emerging markets have synchronous stock price movements? (2000)The information content of st…Volume, Volatility, Price, and Profit When All Traders Are Above Average (1998)Volume, Volatility, Price, an…Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Psychology and Secur…Cross-Cultural Variations in Probability Judgment Accuracy: Beyond General Knowledge Overconfidence? (1998)Cross-Cultural Variations in …Aggressiveness and survival of overconfident traders (1998)Aggressiveness and survival o…Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Conditional Heteroskedasticit…Heteroskedasticity in Stock Return Data: Volume versus GARCH Effects (1990)Heteroskedasticity in Stock R…Why Does Stock Market Volatility Change Over Time? (1989)Why Does Stock Market Volatil…Revisiting overconfidence in investment decision-making: Further evidence from the U.S. market (2023)Revisiting overconfidence in …Generational theory of behavioral biases in investment behavior (2023)Generational theory of behavi…COVID-19 and overconfidence bias: the case of developed, emerging and frontier markets (2021)COVID-19 and overconfidence b…Investors' Trading Behaviour and Stock Market Volatility During Crisis Periods: A Dual Long-Memory Model for the Korean Stock Exchange (2019)Investors' Trading Behaviour …Managerial Optimism in a Competitive Market (2018)Managerial Optimism in a Comp…Testing overconfidence bias in Pakistani stock market (2017)Testing overconfidence bias i…How do People Update Beliefs about Themselves under Risk (2016)How do People Update Beliefs …Overconfidence Behavior and Dynamic Market Volatility: Evidence from International Data (2014)Overconfidence Behavior and D…Investigating Causal Relations by Econometric Models and Cross-spectral Methods (1969)Judgment under Uncertainty: Heuristics and Biases (1975)Macroeconomics and Reality (1980)Which past returns affect trading volume? (2008)International herding: Does it differ across sectors? (2012)Improving stock market prediction via heterogeneous information fusion (2017)Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Generalized autoregressive conditional heteroskedasticity (1986)ARCH modeling in finance (1992)On the Relation between the Expected Value and the Volatility of the Nominal Excess Return on Stocks (1993)Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)The General Theory of Employment, Interest and Money. 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(1985)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets (1999)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? (1980)Expected stock returns and volatility (1987)The Cross‐Section of Volatility and Expected Returns (2006)A Contribution to the Theory of Economic Growth (1956)Increasing Returns and Long-Run Growth (1986)Law and Finance (1998)Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk (2001)R2 around the world: New theory and new tests☆ (2005)Does board gender diversity improve the informativeness of stock prices? (2011)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)Do Investors Trade Too Much? (1999)Investor Psychology and Asset Pricing (2001)Gender Differences in Preferences (2009)Noise Trader Risk in Financial Markets (1990)Chapter 18 A survey of behavioral finance (2003)The Adaptive Markets Hypothesis (2004)Investor attention, overconfidence and category learning (2006)
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References

  • 1991Conditional Heteroskedasticity in Asset Returns: A New Approach10,268 cited
  • 1998Investor Psychology and Security Market Under‐ and Overreactions5,711 cited
  • 1989Why Does Stock Market Volatility Change Over Time?3,433 cited
  • 2000The information content of stock markets: why do emerging markets have synchronous stock price movements?3,332 cited
  • 1998Volume, Volatility, Price, and Profit When All Traders Are Above Average1,980 cited
  • 2001Learning to Be Overconfident1,664 cited
  • 1990Heteroskedasticity in Stock Return Data: Volume versus GARCH Effects1,113 cited
  • 1998Aggressiveness and survival of overconfident traders411 cited
  • 2006An empirical evaluation of the overconfidence hypothesis267 cited
  • 1998Cross-Cultural Variations in Probability Judgment Accuracy: Beyond General Knowledge Overconfidence?220 cited
  • 2005Autoregresive conditional volatility, skewness and kurtosis216 cited
  • 2008The subprime crisis and its consequences89 cited
  • 2009How Psychological Pitfalls Generated the Global Financial Crisis61 cited
  • 2011Financial Markets in East Asia and Europe during the Global Financial Crisis48 cited
  • 2008Financial Crises and Bank Liquidity Creation (This is an OLD WP that has been split into 2 parts: (1) How does Capital affect Bank Performance during Financial Crises (JFE, July 2013); and (2) Bank Liquidity Creation, Monetary Policy, and Financial Crises (WP 2012))

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42 cited

Cited by

  • 2018Managerial Optimism in a Competitive Market67 cited
  • 2014Overconfidence Behavior and Dynamic Market Volatility: Evidence from International Data40 cited
  • 2023Generational theory of behavioral biases in investment behavior39 cited
  • 2023Revisiting overconfidence in investment decision-making: Further evidence from the U.S. market33 cited
  • 2021COVID-19 and overconfidence bias: the case of developed, emerging and frontier markets32 cited
  • 2019Investors' Trading Behaviour and Stock Market Volatility During Crisis Periods: A Dual Long-Memory Model for the Korean Stock Exchange27 cited
  • 2017Testing overconfidence bias in Pakistani stock market24 cited
  • 2016How do People Update Beliefs about Themselves under Risk0 cited