Siligardos, Georgios; Mattarocci, Gianluca - European Real Estate Society - ERES - 2012
Attention is a scarce cognitive resource (Kahneman, 1973) and investorsí limited attention can affect asset pricing statics as well as dynamics (Peng and Xiong, 2006). Literature on the measurement of the investor attention proposes indirect measures based on market data or news. Market proxies...