Bao, Helen; Li, Steven Haotong - In: Journal of Risk and Financial Management 13 (2020) 10, pp. 1-21
Overconfidence is one of the most robust behavioral anomalies in financial markets. By attributing investment gains to … shows that overconfidence leads to excessive trading and, subsequently, inferior investment performance. However, studies on … overconfidence effect are lacking in the real estate sector, which is particularly true for Asia Pacific real estate investment trust …