BOYS WILL BE BOYS: GENDER, OVERCONFIDENCE, AND COMMON STOCK INVESTMENT

This study, published in the Feb. 2001 issue of The Quarterly Journal of Economics, found that men investors traded 45% more often than women, resulting in a greater net reduction in men's trading revenues.  The researchers attribute this gender difference to men's overconfidence in financial management.

URL: 
http://faculty.gsm.ucdavis.edu/~bmbarber/Paper%20Folder/QJE%20BoysWillBeBoys.pdf