Do investors overpay for stocks with lottery-like payoffs? : an examination of the returns of OTC stocks
Year of publication: |
2015
|
---|---|
Authors: | Eraker, Bjørn ; Ready, Mark J. |
Published in: |
Journal of financial economics. - Amsterdam [u.a.] : Elsevier, ISSN 0304-405X, ZDB-ID 187118-3. - Vol. 115.2015, 3, p. 486-504
|
Subject: | Prospect theory | Skewness | Lottery stocks | OTCBB | Kapitaleinkommen | Capital income | Prospect Theory | Glücksspiel | Gambling | Börsenkurs | Share price | Aktienmarkt | Stock market | Anlageverhalten | Behavioural finance | Entscheidung unter Risiko | Decision under risk | Portfolio-Management | Portfolio selection | Risikoaversion | Risk aversion |
-
When do investors gamble in the stock market?
Gong, Pu, (2021)
-
Risk preferences, investor sentiment and lottery stocks : a stochastic dominance approach
Fong, Wai-mun, (2013)
-
Risk taking with left- and right-skewed lotteries*
Bougherara, Douadia, (2021)
- More ...
-
Credit ratings and stock liability
Odders-White, Elizabeth R., (2006)
-
The impact of preferencing on execution quality
He, Chen, (2006)
-
The probability and magnitude of information events
Odders-White, Elizabeth R., (2008)
- More ...