| Terrance Odean
Terrance Odean is the Willis H. Booth Professor of Banking and Finance at the Haas School of Business
I am a former director of UC Berkeley's Xlab and a former editor of |
Current Research
| Terrance Odean
Terrance Odean is the Willis H. Booth Professor of Banking and Finance at the Haas School of Business
I am a former director of UC Berkeley's Xlab and a former editor of |
Current Research
Do Noise Traders Move Markets? wiith Brad Barber and Ning Zhu
A Comparison of the Results in Barber, Odean, and Zhu (2006) and Hvidkjaer (2006)
Just How Much Do Investor Lose from Trade? with Brad Barber, Yi-Tsung Lee and Yu-Jane Liu.
Systematic Noise
with Brad Barber and Ning Zhu
Once Burned, Twice Shy: Naive Learning, Counterfactuals, and the Repurchsae
of Stocks Previously Sold with Brad Barber and Michal Strahilevitz.
Capital Budgeting in the Presence of Managerial Overconfidence and Optimism with Simon Gervais and J. B. Heaton.
Do Individual Day Traders Make Money? Evidence from Taiwan with Brad Barber, Yi-Tsung Lee and Yu-Jane Liu.
Published Works
All that Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors with Brad Barber, forthcoming in The Review of Financial Studies .
Is the Aggregate Investor Reluctant to Realize Losses: Evidence from Taiwan, with Brad Barber, Yi-Tsung Lee and Yu-Jane Liu, forthcoming in European Financial Management.
Out of Sight, Out of Mind: The Effects of Expenses on Mutual Fund Flows with Brad Barber and Lu Zheng, forthcoming in the Journal of Business.
Good Rationales Sell: Reason-Based Choice Among Group and Individual Investors in the Stock Market with Brad Barber and Chip Heath, Management Science, 2003, Vol. 49, No. 12, 1636-1652.
Are Individual Investors Tax Savvy? Evidence from Retail and Discount Brokerage Accounts with Brad Barber, Journal of Public Economics, 2003, Vol. 88, 419-442.
Online Investors: Do the Slow Die First? with Brad Barber, Review of Financial Studies, March 2002, Vol. 15, No. 2, 455-487.
Does Online Trading Change Investor Behavior? with Brad Barber, European Business Organization Law Review, 2002, Vol. 3, 83-128.
"Boys will be Boys: Gender, Overconfidence, and Common Stock Investment" with Brad Barber, Quarterly Journal of Economics, February 2001, Vol. 116, No. 1, 261-292.
"The Internet and the Investor" with Brad Barber, The Journal of Economic Perspectives, Winter 2001, Vol. 15, No. 1, pp. 41-54.
"Learning to be Overconfident" with Simon Gervais, Review of Financial Studies, Spring 2001, Vol. 14, No. 1, pp. 1-27.
"Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors" with Brad Barber, Journal of Finance, Vol. LV, No. 2, April 2000, 773-806.
"Too Many Cooks Spoil the Profits: The Performance of Investment Clubs" with Brad Barber, Financial Analyst Journal, January/February 2000, 17-25.
"Do Investors Trade Too Much?", American Economic Review, Vol. 89, December 1999, 1279-1298.
"The Courage of Misguided Convictions: The Trading Behavior of Individual Investors" with Brad Barber, Financial Analyst Journal, November/December 1999, 41-55.
"Volume, Volatility, Price, and Profit When All Traders Are Above Average," Journal of Finance, Vol. LIII, No. 6, December 1998, 1887-1934.
"Are Investors Reluctant to Realize Their Losses?", Journal of Finance, Vol. LIII, No. 5, October 1998, 1775-1798.
"The Internal Call Market: A Clean,Well-Lighted
Place to Trade,"
with Frederick Grauer, in W. Beaver and G. Parker (eds), 1995, Risk Management:
Problems & Solutions, McGraw-Hill, New York.