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Overconfidence and Market Efficiency with Heterogeneous Agents
16 references·16 citing·31 second hopsampled
Overconfidence and Market Efficiency with Heterogeneous Agents (2006)Overconfidence and Market Efficiency with…Investor Overconfidence and Trading Volume (2006)Investor Overconfidence and T…Overconfidence and Speculative Bubbles (2003)Overconfidence and Speculativ…Overconfidence, Arbitrage, and Equilibrium Asset Pricing (2001)Overconfidence, Arbitrage, an…Learning to Be Overconfident (2001)Learning to Be OverconfidentBoys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)Boys will be Boys: Gender, Ov…Inefficient Markets (2000)Inefficient MarketsVolume, 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…The Limits of Arbitrage (1995)The Limits of ArbitrageNoise Trader Risk in Financial Markets (1990)Noise Trader Risk in Financia…Optimal Release of Information By Firms (1985)Optimal Release of Informatio…Continuous Auctions and Insider Trading (1985)Continuous Auctions and Insid…Information aggregation in a noisy rational expectations economy (1981)Information aggregation in a …On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…On the aggregation of information in competitive markets (1980)On the aggregation of informa…Cryptocurrency, confirmatory bias and news readability – evidence from the largest Chinese cryptocurrency exchange (2019)Cryptocurrency, confirmatory …Does the Better-than-Average Effect Show that People are Overconfident?: Two Experiments. (2014)Does the Better-than-Average …Choosing the optimal annuitization time post-retirement (2010)Choosing the optimal annuitiz…Business Cycle Comovement in the G-7: Common Shocks or Common Transmission Mechanisms? (2010)Business Cycle Comovement in …Single and joint default in a structural model with purely discontinuous asset prices (2009)Single and joint default in a…Does the Better-than-Average Effect Show that People are Overconfident?: An Experiment (2009)Does the Better-than-Average …Overconfidence? (2008)Overconfidence?International macroeconomic dynamics: A factor vector autoregressive approach (2008)International macroeconomic d…Information Acquisition and Refunds for Returns (2007)Information Acquisition and R…Arrogance can be a virtue: Overconfidence, information acquisition, and market efficiency☆ (2007)Arrogance can be a virtue: Ov…The Mismatch between Employement and Child Care in Italy: The Impact of Rationing (2006)The Mismatch between Employem…Modes of Spousal Interaction and the Labor Market Environment (2006)Modes of Spousal Interaction …Life Cycle Employment and Fertility Across Institutional Environments (2006)Life Cycle Employment and Fer…Learning and Disagreement in an Uncertain World (2006)Learning and Disagreement in …Large newsvendor games (2006)Large newsvendor gamesA New Approach to Factor Vector Autoregressive Estimation with an Application to Large-Scale Macroeconometric Modelling (2006)A New Approach to Factor Vect…The General Theory of Employment, Interest and Money. (1936)The Behavior of Stock-Market Prices (1965)Investor Sentiment and the Cross‐Section of Stock Returns (2006)A model of investor sentiment /CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Cross-Section of Expected Stock Returns (1992)Market Liquidity and Funding Liquidity (2008)Does the Stock Market Overreact? (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)Diversification's effect on firm value (1995)Earnings Management to Exceed Thresholds (1999)Presidential Address: Discount Rates (2011)The short of it: Investor sentiment and anomalies (2011)Integración de los mercados financieros Latinoamericanos por medio de MILA (2020)Judgment under Uncertainty: Heuristics and Biases (1975)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)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)Women in the boardroom and their impact on governance and performance☆ (2009)Efficient Capital Markets: II (1991)Illiquidity and stock returns: cross-section and time-series effects (2002)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

  • 1985Continuous Auctions and Insider Trading9,626 cited
  • 1990Noise Trader Risk in Financial Markets6,259 cited
  • 1998Investor Psychology and Security Market Under‐ and Overreactions5,711 cited
  • 1995The Limits of Arbitrage5,282 cited
  • 2001Boys will be Boys: Gender, Overconfidence, and Common Stock Investment5,215 cited
  • 1980On the Impossibility of Informationally Efficient Markets5,122 cited
  • 1980On the Impossibility of Informationally Efficient Markets3,640 cited
  • 2003Overconfidence and Speculative Bubbles2,227 cited
  • 1998Volume, Volatility, Price, and Profit When All Traders Are Above Average1,980 cited
  • 2001Learning to Be Overconfident1,664 cited
  • 2000Inefficient Markets1,253 cited
  • 1980On the aggregation of information in competitive markets1,247 cited
  • 1985Optimal Release of Information By Firms1,105 cited
  • 1981Information aggregation in a noisy rational expectations economy1,068 cited
  • 2006Investor Overconfidence and Trading Volume975 cited
  • 2001Overconfidence, Arbitrage, and Equilibrium Asset Pricing

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951 cited

Cited by

  • 2007Arrogance can be a virtue: Overconfidence, information acquisition, and market efficiency☆99 cited
  • 2006Learning and Disagreement in an Uncertain World96 cited
  • 2006Large newsvendor games84 cited
  • 2006Life Cycle Employment and Fertility Across Institutional Environments78 cited
  • 2006Modes of Spousal Interaction and the Labor Market Environment58 cited
  • 2008International macroeconomic dynamics: A factor vector autoregressive approach47 cited
  • 2019Cryptocurrency, confirmatory bias and news readability – evidence from the largest Chinese cryptocurrency exchange46 cited
  • 2010Choosing the optimal annuitization time post-retirement40 cited
  • 2006A New Approach to Factor Vector Autoregressive Estimation with an Application to Large-Scale Macroeconometric Modelling37 cited
  • 2006The Mismatch between Employement and Child Care in Italy: The Impact of Rationing35 cited
  • 2007Information Acquisition and Refunds for Returns30 cited
  • 2009Single and joint default in a structural model with purely discontinuous asset prices30 cited
  • 2010Business Cycle Comovement in the G-7: Common Shocks or Common Transmission Mechanisms?22 cited
  • 2014Does the Better-than-Average Effect Show that People are Overconfident?: Two Experiments.10 cited
  • 2008Overconfidence?6 cited
  • 2009Does the Better-than-Average Effect Show that People are Overconfident?: An Experiment6 cited