Evidence of the overconfidence bias in the Egyptian stock market in different market states

Traditional finance theories fail to explain several anomalies observed in security markets. High levels of market turnover are among the most challenging market puzzles that have been documented in many security markets. Several studies assert the correlation between past market return and current...

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Bibliographic Details
Main Authors: Ayman H. Metwally, Omneya Darwish
Format: Article
Language:English
Published: Academy of Business & Retail Management 2015-11-01
Series:International Journal of Business & Economic Development
Subjects:
Online Access:http://ijbed.org/admin/content/pdf/i-9_c-93.pdf