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Investor Overconfidence and Trading Activity in the Asia Pacific REIT Markets
Overconfidence is one of the most robust behavioral anomalies in financial markets. By attributing investment gains to their ability, investors become overconfident and trade aggressively in subsequent periods. Evidence from...
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OVERCONFIDENCE and REAL ESTATE RESEARCH
HXH Bao, SH Li
Mar 03, 2016
Real estate investment has recently been advancing rapidly in both volume and complexity. A sound understanding of behavioral issues in this sector benefits all stakeholders, such as investors, regulators and local residents. We...
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