{"id":"https://openalex.org/W2123464614","doi":"https://doi.org/10.2139/ssrn.2146864","title":"Fund Manager Overconfidence and Investment Performance: Evidence from Mutual Funds","display_name":"Fund Manager Overconfidence and Investment Performance: Evidence from Mutual Funds","publication_year":2012,"publication_date":"2012-01-01","ids":{"openalex":"https://openalex.org/W2123464614","doi":"https://doi.org/10.2139/ssrn.2146864","mag":"2123464614"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.2146864","doi":"https://doi.org/10.2139/ssrn.2146864","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2146864","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.2146864","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5045980074","display_name":"Arman Eshraghi","orcid":"https://orcid.org/0000-0002-7406-1725","observed_orcids":["https://orcid.org/0000-0002-7406-1725"]},"institutions":[{"id":"https://openalex.org/I79510175","display_name":"Cardiff University","ror":"https://ror.org/03kk7td41","country_code":"GB","type":"education","lineage":["https://openalex.org/I79510175"]},{"id":"https://openalex.org/I98677209","display_name":"University of Edinburgh","ror":"https://ror.org/01nrxwf90","country_code":"GB","type":"education","lineage":["https://openalex.org/I98677209"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Arman Eshraghi","raw_affiliation_strings":["Cardiff Business School, Colum Drive, Cardiff, CF10 3EU, United Kingdom","University of Edinburgh - Business School, University of Edinburgh, 29 Buccleuch Place, Edinburgh, Scotland EH8 9JS, United Kingdom","Cardiff Business School","University of Edinburgh - Business School"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Cardiff Business School, Colum Drive, Cardiff, CF10 3EU, United Kingdom","institution_ids":["https://openalex.org/I79510175"]},{"raw_affiliation_string":"University of Edinburgh - Business School, University of Edinburgh, 29 Buccleuch Place, Edinburgh, Scotland EH8 9JS, United Kingdom","institution_ids":["https://openalex.org/I98677209"]},{"raw_affiliation_string":"Cardiff Business School","institution_ids":["https://openalex.org/I79510175"]},{"raw_affiliation_string":"University of Edinburgh - Business School","institution_ids":["https://openalex.org/I98677209"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5034184758","display_name":"Richard Taffler","orcid":"https://orcid.org/0000-0003-1621-8533","observed_orcids":["https://orcid.org/0000-0003-1621-8533"]},"institutions":[{"id":"https://openalex.org/I39555362","display_name":"University of Warwick","ror":"https://ror.org/01a77tt86","country_code":"GB","type":"education","lineage":["https://openalex.org/I39555362"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Richard J. Taffler","raw_affiliation_strings":["University of Warwick - Finance Group, Gibbet Hill Rd, Coventry, CV4 7AL, Great Britain","University of Warwick - Finance Group"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Warwick - Finance Group, Gibbet Hill Rd, Coventry, CV4 7AL, Great Britain","institution_ids":["https://openalex.org/I39555362"]},{"raw_affiliation_string":"University of Warwick - Finance Group","institution_ids":["https://openalex.org/I39555362"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5045980074"],"corresponding_institution_ids":["https://openalex.org/I79510175","https://openalex.org/I98677209"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":21,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/managerial-overconfidence","display_name":"managerial overconfidence","score":0.8349999785423279},{"id":"https://openalex.org/keywords/mutual-fund-performance","display_name":"mutual fund performance","score":0.8040000200271606},{"id":"https://openalex.org/keywords/behavioral-biases","display_name":"behavioral biases","score":0.6259999871253967},{"id":"https://openalex.org/keywords/self-serving-attribution","display_name":"self-serving attribution","score":0.9810000061988831},{"id":"https://openalex.org/keywords/overoptimism","display_name":"overoptimism","score":0.6800000071525574},{"id":"https://openalex.org/keywords/self-reference","display_name":"self-reference","score":0.5529999732971191},{"id":"https://openalex.org/keywords/past-performance","display_name":"past performance","score":0.39800000190734863},{"id":"https://openalex.org/keywords/growth-funds","display_name":"growth funds","score":0.6000000238418579},{"id":"https://openalex.org/keywords/inverted-u-shaped-relationship","display_name":"inverted U-shaped relationship","score":0.7509999871253967},{"id":"https://openalex.org/keywords/hedging-strategies","display_name":"hedging strategies","score":0.7350000143051147},{"id":"https://openalex.org/keywords/actively-managed-equity-funds","display_name":"actively managed equity funds","score":0.6899999976158142}],"concepts":[{"id":"https://openalex.org/C84355842","wikidata":"https://www.wikidata.org/wiki/Q361863","display_name":"Closed-end fund","level":3,"score":0.7525219321250916},{"id":"https://openalex.org/C34375142","wikidata":"https://www.wikidata.org/wiki/Q1156684","display_name":"Fund of funds","level":3,"score":0.7006298303604126},{"id":"https://openalex.org/C51110983","wikidata":"https://www.wikidata.org/wiki/Q16503490","display_name":"Overconfidence effect","level":2,"score":0.6831398606300354},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6716840863227844},{"id":"https://openalex.org/C2777064782","wikidata":"https://www.wikidata.org/wiki/Q791974","display_name":"Mutual fund","level":2,"score":0.6449382305145264},{"id":"https://openalex.org/C155301685","wikidata":"https://www.wikidata.org/wiki/Q493177","display_name":"Open-end fund","level":4,"score":0.55784010887146},{"id":"https://openalex.org/C11393971","wikidata":"https://www.wikidata.org/wiki/Q6746722","display_name":"Manager of managers fund","level":3,"score":0.547217607498169},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.5318657159805298},{"id":"https://openalex.org/C64589626","wikidata":"https://www.wikidata.org/wiki/Q7142812","display_name":"Passive management","level":4,"score":0.4707264006137848},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.46520572900772095},{"id":"https://openalex.org/C206757995","wikidata":"https://www.wikidata.org/wiki/Q1665188","display_name":"Institutional investor","level":3,"score":0.3578142523765564},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.33919739723205566},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.33883345127105713},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.18121680617332458},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.08556956052780151},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.0},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2139/ssrn.2146864","doi":"https://doi.org/10.2139/ssrn.2146864","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2146864","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.2139/ssrn.2146864","doi":"https://doi.org/10.2139/ssrn.2146864","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2146864","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":46,"referenced_works":["https://openalex.org/W74101598","https://openalex.org/W78000472","https://openalex.org/W1113829303","https://openalex.org/W1499060380","https://openalex.org/W1517410606","https://openalex.org/W1528565386","https://openalex.org/W1532989008","https://openalex.org/W1579091683","https://openalex.org/W1599977555","https://openalex.org/W1687764925","https://openalex.org/W2002651217","https://openalex.org/W2013787340","https://openalex.org/W2016245923","https://openalex.org/W2089693222","https://openalex.org/W2095863769","https://openalex.org/W2098706908","https://openalex.org/W2102258199","https://openalex.org/W2115464651","https://openalex.org/W2118530947","https://openalex.org/W2128633294","https://openalex.org/W2136120210","https://openalex.org/W2137108136","https://openalex.org/W2147441836","https://openalex.org/W2147463661","https://openalex.org/W2161782007","https://openalex.org/W2166513723","https://openalex.org/W2890421092","https://openalex.org/W2891627715","https://openalex.org/W3121476505","https://openalex.org/W3121860914","https://openalex.org/W3122260906","https://openalex.org/W3122713808","https://openalex.org/W3122890729","https://openalex.org/W3123271477","https://openalex.org/W3123371401","https://openalex.org/W3123502919","https://openalex.org/W3123601295","https://openalex.org/W3123700708","https://openalex.org/W3123787221","https://openalex.org/W3125133431","https://openalex.org/W3125780646","https://openalex.org/W4206085253","https://openalex.org/W4206702821","https://openalex.org/W4242399395","https://openalex.org/W4244046136","https://openalex.org/W4246025465"],"related_works":["https://openalex.org/W4252289395","https://openalex.org/W761539764","https://openalex.org/W1687764925","https://openalex.org/W7096328095","https://openalex.org/W7100490045","https://openalex.org/W2102258199","https://openalex.org/W2965835703","https://openalex.org/W7096193314","https://openalex.org/W6980082366","https://openalex.org/W2911515397"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":3}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2016-06-24T00:00:00"}
