StudentShare solutions
Triangle menu
  • Home
  • Subjects
  • Finance & Accounting
  • Provide a critical review of :Barber, B., and Odean, T., (2001), Boys will be boys: Gender, Overconfidence, and Common Stock Inv

Provide a critical review of :Barber, B., and Odean, T., (2001), Boys will be boys: Gender, Overconfidence, and Common Stock Inv - Essay Example

Nobody downloaded yet

Extract of sample
Provide a critical review of :Barber, B., and Odean, T., (2001), Boys will be boys: Gender, Overconfidence, and Common Stock Inv

The study has considered data from a large discount brokerage ranging to 35,000 households. The gender wise common stock investments patterns of the studied population were analyzed. Investments from February 1991 to January 1997 were considered for the study. Several models to test and measure over confidence have been reviewed in the paper with reference to the available literature. A thorough review of literature connecting gender and over confidence also has been exhaustively carried out. The research has focused on common stock investments and has excluded data relating to mutual fund investments. Apart from the gender based demography another variable in the study is the marital status of the investors. Thus the study has considered the possible influence of the partner over investment decisions. The data on demography has been sourced from secondary sources as provided by a private agency called Infobase along with data directly provided by the brokerage house. The article is based on the assumption that the psychological theory over the investment confidence that men are more confident could be accepted and taken as a base for the research. The investment performance of men and women were evaluated by calculating gross and net return performance of each household which were included in the study. The paper suggests that men trade 45 percent more than women. However, the risk involved in the aggressive trading habits of men results in a reduction of 2.65 percentage points a year in their trading returns. On the other hand, in the case of women, the reduction in trading returns is 1.72 percentage. The empirical tests of the study strongly suggests that men trade more than women resulting in increased risk and reduced returns in the case of men. This observation is more prominent in the case of investors who are single in comparison with the married. Critique The article addressed a focused objective. The article has tried to analyze the comparative trading confidence between men and women. The author has added a number of literatures which substantiates the relevance of the objective. Extensive literature review over ‘Overconfidence and Trading on Financial Market and, ‘Gender and Overconfidence’ has substantiated the theoretical framework of the study. So as to form the background of the objective, the author has provided literature pertaining to the psychological theories which suggests the hypothesis as put forth by the paper. Two hypothesis put forth by the author are ‘men are more overconfident in finance and investment; and overconfident investors invest aggressively. These hypotheses have been well supported by the literature review. This scientifically backs up the objective of the article and substantiates its thesis. Adding to the strength of the article many authors as cited by the articles have published supporting information with regard to the objective of the reviewed article. As far as the literatures cited are concerned, the author has provided ample background information through referring to a number of literatures. While analyzing the literatures cited by the author, it can be found that appropriate and adequate works has been referred to. The oldest literature cited in the article dates back to 1965. A literature which was published in the year 2000 also has been cited in the arti ...Show more


Barber B & Odean T (2001) Boys will be Boys: Gender, Overconfidence and Common Stock Investment. The Quarterly Journal of Economics, February 2001 Summary: The article titled ‘Boys will be Boys: Gender, Overconfidence and Common Stock Investment’ critically examines the gender balance in terms of the confidence in investments…
Author : clementineweima
Provide a critical review of :Barber, B., and Odean, T., (2001), Boys will be boys: Gender, Overconfidence, and Common Stock Inv
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Provide a critical review of :Barber, B., and Odean, T., (2001), Boys will be boys: Gender, Overconfidence, and Common Stock Inv"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

The State Boys Rebellion written by Michael D’ Antonio is an eye-opening narration about a group of boys who experience harsh circumstances while being at Fernald State School located in Massachusetts. The story is based on truth. After reading the story, a lot can be concluded.
3 pages (750 words) Essay
Among B-Boys Film
The fulcrum of the film revolves around the culture of hip- hop among the Hmong teenagers who resided in California’s Central Valley. The film sheds light on the community’s increasing infatuation with the culture of urban Americana. Director Woon and his close AWC classmate and associate Roldan Lozada visited the place many times in order to try and document the very interesting lives of his talented subjects.
4 pages (1000 words) Essay
Boys Will Be Boys: The Making of the Male
The story explores and tends to find out why the current generation that believes in scientific and medical intervention still coexist and cling on a determinist philosophy on human gender and nature. The main components of the speech are myth and monsters.
6 pages (1500 words) Essay
In so doing, the discussion will be made on the choice and preference of both genders on fields of specialization. This difference will be made distinct along the years from 1980 to date. A comparison of the different genders on achievement will thus be made clear to form a strong basis for the discussions to be made in the other sections.
6 pages (1500 words) Essay
Master Harold and the Boys
Name: Professor: Course: Date: 1. Near the end of the play, Sam says "there was a hell of a lot of teaching going on" on the dinner that afternoon. What are the lessons for Hally, and do you think he learned them? Literary Interpretation Essay on "Master Harold and the Boys" Lessons for Hally Master Harold and the Boys was initially produced at the Yale Repertory Theater in the year 1982.
3 pages (750 words) Essay
Analysis of Rocket Boys
Homer had to contend with a father who believed in diehard traditions and a superior, athletic football star brother. Homer received friendship and aid from many people in his town with close community ties
6 pages (1500 words) Essay
Underachievement in Boys
According to the essay the much-debated topic among the educational experts in the twenty first century is the alarming gap of success levels between boys and girls. Girls appear to score higher grades as compared to boys of the same age. The rate of success and failure among boys and girls is measured by their performance in the exams.
15 pages (3750 words) Essay
The Google Boys
Today Google is one of the world’s leading search engine companies. It is difficult to believe that it hasn’t existed ever. However, the company was founded only in 1998. Its founders Larry
2 pages (500 words) Essay
Boys Town
Boys Town is committed to provide life-changing care to families of US. “Continuum of care” has recently been developed in boys Town to look after troubled children and
1 pages (250 words) Essay
The teddy boys, mods, the rockers, the skinheads and the punks, all have been dismissed, denounced and sanctified, and have been treated as a threat to public order (Hebdige, 1979). Most mundane objects
8 pages (2000 words) Essay
Comments (0)
Click to create a comment
Let us find you another Essay on topic Provide a critical review of :Barber, B., and Odean, T., (2001), Boys will be boys: Gender, Overconfidence, and Common Stock Inv for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
Join us:
Contact Us