Cargando…
Investor memory of past performance is positively biased and predicts overconfidence
We document a memory-based mechanism associated with investor overconfidence. In Studies 1 and 2, investors were asked to recall their most important trades in the recent past and then reported investing confidence and trading frequency. After the study, they looked up and reported the actual return...
| Autores principales: | , |
|---|---|
| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
National Academy of Sciences
2021
|
| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8433511/ https://www.ncbi.nlm.nih.gov/pubmed/34475206 http://dx.doi.org/10.1073/pnas.2026680118 |