{"id":"https://openalex.org/W2516369","doi":null,"title":"Investor Overconfidence And Trading Volume: The Case Of An Emergent Market","display_name":"Investor Overconfidence And Trading Volume: The Case Of An Emergent Market","publication_year":2009,"publication_date":"2009-01-01","ids":{"openalex":"https://openalex.org/W2516369","mag":"2516369"},"language":"en","primary_location":{"id":"pmh:oai:CiteSeerX.psu:10.1.1.322.4603","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.322.4603","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.bizresearchpapers.com/16[1].Salma.pdf","raw_type":"text"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5079627350","display_name":"Salma Zaiane","orcid":"https://orcid.org/0000-0003-0143-4823","observed_orcids":["https://orcid.org/0000-0003-0143-4823"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Salma Zaiane","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0003-0143-4823","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5041745268","display_name":"Ezzeddine Abaoub","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Ezzeddine Abaoub","raw_affiliation_strings":["R\u00e9seau National Universitaire"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"R\u00e9seau National Universitaire","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":1.5098,"has_fulltext":false,"cited_by_count":14,"citation_normalized_percentile":{"value":0.87675544,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":97},"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":1.0,"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":1.0,"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/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.0,"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/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.0,"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/investor-overconfidence","display_name":"investor overconfidence","score":0.9990000128746033},{"id":"https://openalex.org/keywords/trading-volume","display_name":"trading volume","score":0.9599999785423279},{"id":"https://openalex.org/keywords/excess-volume","display_name":"excess volume","score":0.9570000171661377},{"id":"https://openalex.org/keywords/tunisian-stock-market","display_name":"Tunisian stock market","score":0.828000009059906},{"id":"https://openalex.org/keywords/emerging-markets","display_name":"emerging markets","score":0.828000009059906},{"id":"https://openalex.org/keywords/behavioral-finance","display_name":"behavioral finance","score":0.8240000009536743},{"id":"https://openalex.org/keywords/market-microstructure","display_name":"market microstructure","score":0.5559999942779541}],"concepts":[{"id":"https://openalex.org/C51110983","wikidata":"https://www.wikidata.org/wiki/Q16503490","display_name":"Overconfidence effect","level":2,"score":0.9414516687393188},{"id":"https://openalex.org/C38935604","wikidata":"https://www.wikidata.org/wiki/Q4330363","display_name":"Stylized fact","level":2,"score":0.7403360605239868},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.5821259617805481},{"id":"https://openalex.org/C2780148112","wikidata":"https://www.wikidata.org/wiki/Q1432581","display_name":"Proxy (statistics)","level":2,"score":0.549787700176239},{"id":"https://openalex.org/C20556612","wikidata":"https://www.wikidata.org/wiki/Q4469374","display_name":"Volume (thermodynamics)","level":2,"score":0.537259042263031},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5041624307632446},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.47271865606307983},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.4564083516597748},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.4407412111759186},{"id":"https://openalex.org/C78508483","wikidata":"https://www.wikidata.org/wiki/Q139445","display_name":"Algorithmic trading","level":2,"score":0.43267637491226196},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.38679420948028564},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3458462357521057},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1467846930027008},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.06106886267662048},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0609591007232666},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","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/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:CiteSeerX.psu:10.1.1.322.4603","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.322.4603","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.bizresearchpapers.com/16[1].Salma.pdf","raw_type":"text"},{"id":"mag:2516369","doi":null,"is_oa":false,"landing_page_url":"https://www.irbrp.com/static/documents/March/2009/16.Salma.pdf","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":50,"referenced_works":["https://openalex.org/W153249833","https://openalex.org/W158727920","https://openalex.org/W1486993561","https://openalex.org/W1522766317","https://openalex.org/W1543278958","https://openalex.org/W1579091683","https://openalex.org/W1719179497","https://openalex.org/W1965085799","https://openalex.org/W1966268097","https://openalex.org/W1969039856","https://openalex.org/W1970804135","https://openalex.org/W1974645869","https://openalex.org/W1976913929","https://openalex.org/W1981156413","https://openalex.org/W1982314020","https://openalex.org/W2044503966","https://openalex.org/W2060558620","https://openalex.org/W2064426748","https://openalex.org/W2068994370","https://openalex.org/W2088563154","https://openalex.org/W2099856928","https://openalex.org/W2102946316","https://openalex.org/W2112820825","https://openalex.org/W2128561109","https://openalex.org/W2128633294","https://openalex.org/W2139080644","https://openalex.org/W2142635246","https://openalex.org/W2145046219","https://openalex.org/W2153146814","https://openalex.org/W2282000531","https://openalex.org/W2400052970","https://openalex.org/W2408393821","https://openalex.org/W2409802461","https://openalex.org/W2411461089","https://openalex.org/W2416850163","https://openalex.org/W2416855451","https://openalex.org/W2418607964","https://openalex.org/W2436923027","https://openalex.org/W2891790148","https://openalex.org/W3121234009","https://openalex.org/W3121319369","https://openalex.org/W3122260906","https://openalex.org/W3122874040","https://openalex.org/W3123792419","https://openalex.org/W3123973510","https://openalex.org/W3124620626","https://openalex.org/W3125133431","https://openalex.org/W3125388642","https://openalex.org/W3142439365","https://openalex.org/W3146166473"],"related_works":["https://openalex.org/W7097467175","https://openalex.org/W2957659475","https://openalex.org/W7217947839","https://openalex.org/W961946209","https://openalex.org/W2616697465","https://openalex.org/W7097965990","https://openalex.org/W1523671740","https://openalex.org/W7074629257","https://openalex.org/W2067885141","https://openalex.org/W7095318982"],"abstract_inverted_index":{"It":[0],"has":[1],"been":[2],"a":[3,41],"challenge":[4],"for":[5],"financial":[6],"economists":[7],"to":[8,54],"explain":[9],"some":[10],"stylized":[11],"facts":[12],"observed":[13],"in":[14,70],"securities":[15],"markets,":[16],"among":[17],"them,":[18],"high":[19],"levels":[20],"of":[21,28,50,58,61,73,86,105,117,121],"trading":[22,65,118],"volume.":[23,119],"The":[24,48],"most":[25],"prominent":[26],"explanation":[27],"excess":[29,75],"volume":[30,66,76,112],"is":[31,53],"overconfidence.":[32],"High":[33],"market":[34],"returns":[35],"make":[36],"investors":[37,44],"overconfident":[38],"and":[39,67,89,92,97],"as":[40,115],"consequence,":[42],"these":[43],"trade":[45],"more":[46],"subsequently.":[47],"aim":[49],"our":[51],"paper":[52],"study":[55],"the":[56,59,64,71,74,78,84,106],"impact":[57],"phenomenon":[60],"overconfidence":[62,107],"on":[63,77,83],"its":[68],"role":[69],"formation":[72],"Tunisian":[79],"stock":[80],"market.":[81],"Based":[82],"work":[85],"Statman,":[87],"Thorley":[88],"Vorkink":[90],"(2006)":[91],"by":[93],"using":[94],"VAR":[95],"models":[96],"impulse":[98],"response":[99],"functions,":[100],"we":[101,110],"find":[102],"little":[103],"evidence":[104],"hypothesis":[108],"when":[109],"use":[111],"(shares":[113],"traded)":[114],"proxy":[116],"Field":[120],"Research:":[122],"Behavioural":[123],"finance,":[124],"Emergent":[125],"markets":[126],"1.":[127]},"counts_by_year":[{"year":2023,"cited_by_count":2},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":3},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}
