Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1016496 | IIMB Management Review | 2015 | 12 Pages |
Abstract
This paper aims at studying the impact of investment experience, gender, and level of education on two specific biases—overconfidence and self-attribution, and exploring the relationship between the two biases. Data collected from a sample of 309 mutual fund investors were analysed. The results show that overconfidence is higher among men than women and increases with investment experience and education. Self-attribution increases with education, but there is no significant association between self-attribution bias and gender, as also between self-attribution bias and investor's experience. The findings also show a significant association between self-attribution and overconfidence.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
K.C. Mishra, Mary J. Metilda,