Glaser, Markus; Weber, Martin - In: The Geneva Papers on Risk and Insurance Theory 32 (2007) 1, pp. 1-36
hypothesis by correlating individual overconfidence scores with several measures of trading volume of individual investors … facets of overconfidence (miscalibration, volatility estimates, better than average effect). The measures of trading volume … the calibration literature and model overconfidence as underestimation of the variance of signals. In connection with …