Overconfidence bias in investment decision making: A bibliometrics analysis

Abstract

The purpose of this article is to provide a detailed bibliometrics analysis of overconfidence bias literature. In order to deploy the bibliometrics analysis, we extracted 396 documents from the Scopus database using the Boolean search between 1992 to 2021. Our results provide that the past decade recognized the concept of overconfidence bias and witness large numbers of publications. In addition, our findings suggest that both developed and developing countries acknowledge the importance of overconfidence bias in the stock markets. Further, we found that Journal of Behavioural Finance, Pacific-Basin Finance Journal, Qualitative Research in Financial Markets, Review of Behavioral Finance, European Journal of Finance are the main source which published quality research in the field of overconfidence bias literature.