Does overconfidence always matter for asset prices?

被引：1
|
作者：
Wu, Weixing [2 ]
Wang, Yongxiang [1 ]
机构：
[1] Renmin Univ China, Sch Finance, Beijing 100872, Peoples R China
[2] Univ Int Business & Econ, Sch Finance, Beijing 100029, Peoples R China
来源：
APPLIED ECONOMICS LETTERS | 2009年 / 16卷 / 08期
关键词：
MARKET; EQUILIBRIUM; MODEL;
D O I：
10.1080/13504850701221923
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Research in behaviour finance has provided seemingly persuasive evidences that overconfidence affects asset prices. We provide a model with model uncertainty and overconfidence in which overconfidence could have no effect on asset prices.
引用
收藏
页码：827 / 830
页数：4
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