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Review Open access Aug 2026

A Review of the Relationship Between Investor Overconfidence, Optimism, and Market Volatility

Based on the theory of behavioral finance, using systematic literature review and comparative analysis methods, this study systematically integrates the connotations and mechanisms of action of two core cognitive biases: overconfidence and over-optimism. This study primarily analyzes the relationship between two types...

Pu Zhang · 0 citations

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