Menkhoff, Lukas; Schmeling, Maik; Schmidt, Ulrich - In: Journal of Economic Behavior & Organization 86 (2013) C, pp. 92-101
This paper presents an online-experiment on overconfidence in the context of financial markets. Our subject pool … participants can be controlled for in our analysis. It turns out that there are stable differences in overconfidence between the … three investor groups. Moreover, investment experience and age have a significant impact on the degree of overconfidence …