Overconfidence, Financial Advice Seeking and Household Portfolio Under-Diversification

This paper examines the relationship between overconfidence and losses from under-diversification among Dutch investors. We find that a lack of proper portfolio diversification is positively associated with overconfidence. Part of this relationship is mediated through the lower propensity of overcon...

Full description

Saved in:
Bibliographic Details
Main Authors: Stijn P. M. Broekema, Marc M. Kramer
Format: article
Language:EN
Published: MDPI AG 2021
Subjects:
Online Access:https://doaj.org/article/b710d6f8a8ff45dd8e59396a3241ffeb
Tags: Add Tag
No Tags, Be the first to tag this record!