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Financial Markets and Investment StrategiesConsumer Market Behavior and PricingAuditing, Earnings Management, Governance

What Drives Retail Investors’ Overconfidence? The Role of Information Acquisition Costs

Gang Li, Shuqi Wang, K. Wei

2026.3.1Journal of Empirical Finance

DOI: 10.1016/j.jempfin.2026.101709

Abstract

Abstract is not available.

Citation format

LI, Gang; WANG, Shuqi; WEI, K. What drives retail investors’ overconfidence? The role of information acquisition costs. Journal of Empirical Finance, 2026, 87: 101709.