overconfidence and linked to the judgment literature in psychology. Empirical tests of the models often fail to find evidence for the … predicted effects of overconfidence. These studies assume, however, that a specific type of overconfidence, i …, in order to test the theoretical predictions of the overconfidence literature in economics and finance, one cannot rely …

We investigate the theoretically proposed link between judgmental overconfidence and trading activity. In addition to … the relevant bias in the theoretical overconfidence literature. We relate the obtained overconfidence measures to trading …